Magic Leap Stock

magicleap.comAugmented/​Virtual RealityFounded: 2011Funding to Date: $2.74B

Magic Leap is the developer of an augmented reality platform for enterprise.

Enterprise Value (based on primary financings)

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Team

Management Team

Peggy Johnson
Chief Executive Officer
Henk Vlietstra
Senior Vice President & Chief Operating Officer
Randall Hand
Vice President, Software Technology Management & Strategy
Rio Caraeff
Chief Content Officer
Graeme Devine
Chief Game Wizard
Omar Khan
Chief Product Officer
Brian Schowengerdt
Co-Founder, Chief Science and Experience Officer

Board Members

Chongxin Tsai JD
Alibaba Group
Don Harrison JD
Alphabet
George Sent
Paul Jacobs Ph.D
Richard Tapalaga
Qualcomm Ventures
Richard Taylor
Sundar Pichai
Alphabet

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News

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.
When it comes to augmented reality wearables, it's currently an enterprise world. As such, Magic Leap's latest Lumin updates are centered on features that appeal to enterprise customers. And Epson and Spinar are joining forces with a solution for distributed workforces.
A year and change into its shift towards enterprise customers, Magic Leap has updated Lumin OS and the corresponding Lumin SDK with some key prerequisites for the business sector. First and foremost, Magic Leap has added support for Web Real-Time Communications (WebRTC) in Lumin OS 0.98.20, including an update to the Helio browser to improve compatibility with audio and video communications platforms.