VIDEO: Magic Leap shows off its latest experimental AR - Also might be raising $1B in funding

10/27/2015 - 05:08

Rachel Metz


Augmented-reality company Magic Leap could need more cash to make its headset. Is secretive augmented-reality startup Magic Leap about to secure an additional $1 billion in funding, a year after the company announced a $542 million investment round led by Google? A new report from the South Florida Business Journal says this is so, according to two anonymous sources that are “close to the deal.”

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