Magic Leap Stock

magicleap.comIndustrial / Augmented/​Virtual RealityFounded: 2011Funding to Date: $500MM

Magic Leap is a developer of an augmented reality platform for enterprise companies. Using artificial intelligence for immersive AR experiences, the company features scalable optic products such as Magic Leap 2 and the NVIDIA IGX + Magic Leap 2 XR Bundle for solutions in industries such as healthcare, AEC, and manufacturing. Magic Leap’s mission is to deliver intelligent information to people seamlessly. Magic Leap was founded by Brian Schowengerdt and Rony Abovitz in 2010 and is headquartered in Plantation, FL.

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Magic Leap stock FAQs

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Is Magic Leap a public company?

No, Magic Leap is a privately held company and is currently not publicly traded on any stock markets including NYSE or NASDAQ.
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Magic Leap investors also invested in these private companies

Saudi Arabia's Public Investment Fund
Syren Capital Advisors

Team

Management Team

John Doherty
Chief Financial Officer
Julie Larson-Green
Chief Technology Officer
Sheri Bernal
Chief Human Resources Officer
Anastasia Lang
Chief Legal Officer & Senior Vice President of General Counsel
Neal Stephenson
Chief Futurist
Daniel Diez
Chief Transformation Officer
Michael Angiulo
Chief Growth Officer
Ross Rosenberg
Chief Executive Officer
In a debt financing led by Saudi Arabia’s Public Investment Fund Magic Leap raised $590 million.
They’re sticking with business customers for now
The beginning of autumn has delivered a number of new augmented reality developments, and we're on top of it. This week, NASA launched several major new initiatives that involve AR as an essential piece of the puzzle. Also, Magic Leap's history turned a major new corner, while one mainstream retailer move could hint at an early advantage in the growing smartglasses wars.
After tapping Nvidia for its first AR headset, Magic Leap is calling in reinforcement for its future enterprise-focused efforts. On Wednesday, Magic Leap disclosed a partnership with chipmaker AMD to produce a "semi-custom" system on a chip (SOC) that will handle computing, graphics, and machine learning, particularly computer vision and spatial computing, for its AR headsets.
Updated on: Jul 26, 2024

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