Magic Leap, a developer of novel human computing interfaces and software, announced today the recent closing of its A round of venture capital. Magic Leap has now raised more than $50 million in its series seed and A rounds to develop its proprietary technology platform.
We don’t know exactly what Magic Leap does yet, but we do know that it is some hardcore science-fiction type stuff. Magic Leap has soared its way into a whopping $50 million first round of funding. And all we know of the company thus far is that it involves ultra-sensory perception, human computing interfaces, and wearable technology. Magic Leap said that it is working on a technology known as “cinematic reality.” It seems to be some sort of immersive virtual reality device.