Magic Leap raises $542 million from Google, a startup focused on augmented ...

By Edmond Williams On October 22, 2014

Magic Leap

An image from Magic Leap demonstrating an effect that its technology is capable.

Imagine a world full of magic, as a mysterious Florida company Magic Leap' site talks in vague, ambitious language about bringing magic to life and focusing on humans, not machines

Magic Leap on Tuesday affirmed that Google was the lead investor in a Us$542 million round of Series B subsidizing for its mystery attempts.

But not just Google is taking part in the financing round; there were also Qualcomm, Legendary Entertainment, KKR, Vulcan Capital, Kleiner Perkins Caufield & Byers, Andreessen Horowitz and Obvious Ventures.

Senior VP of AndroidS undar Pichai, Chrome and applications at Google, will join Magic Leap's directorate. Paul Jacobs, official executive at Qualcomm, and Don Harrison, VP of corporate improvement at Google, will join the board as spectators.

'Magic Leap is going beyond the current perception of mobile computing, augmented reality and virtual reality,' said Rony Abovitz, Magic Leap's president, CEO and founder. 'We will revolutionize the way people communicate, purchase, learn, share and play.'

Magic Leap's Wearable Devices

Points of interest are rare about Magic Leap's prospective items, yet reports propose the advancements behind them include restrictive wearable innovation. The company's mission is to 'develop and commercialize the most natural and human-friendly wearable computing interface in the world.'

Particularly, the Florida-based organization is said to be creating an eyeglasses that will track users' eyeballs and project images on to them.

Magic Leap's first item ventures exact pictures onto the eyes, empowering clients to see virtual 3d items as though they were some piece of this present reality, the WSJ reported. Its special cut depicts a minor, vivified elephant moving in the hands

Later on, potential applications could incorporate new arrangements for motion pictures,feature recreations and video games as well. In addition is a new courses for patients and specialists to collaborate, and new conceivable outcomes for long-distance communication.

Magic Leap's Possible Glass 2.0

Google glass is already in the market and a lot of good feedbacks because of it's uses hitting the web. Tuong Nguyen, a foremost research investigator for customer tech and markets at Gartner said- 'This without a doubt sounds exceptionally cool,' In addition he also stated that he is hoping that Google would head in for a sort of Google Glass 2.0

The current state of Google Glass 'is fine, and has opened the avenue to the potential cool things that is possible,' however there's still a great deal more potential, Nguyen included.

There are so much more to answer

As other company joins the funding with Google on the front seat and Qualcomm Inc, the world's No.1 mobile phone chipmaker, this proves that there is really a potential to this mysterious company that will surely make a big hit in the future.

Facebook has already Oculus Rift, but Magic Leap's says it can deliver a more realistic 3-D experience than those offered by current technologies.

The Modern Wizards is doing a great job for a big leap towards technology that will center humans and not machines. As we are seeing a future of mobile wearable, augmented reality, virtual reality and content eco-system. Let us all be a witness on how Magic Leap can bring the magic back to the real world.