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Magic Leap Lays Off Sales & Marketing Amid Report of “last ditch” Pivot to License AR Optics

Road to VR

Founded in 2010, the Plantation, Florida-based company initially had high hopes it could pitch Magic Leap 1, its first headset released in 2018, to both consumers and enterprise. billion in funds to date, which included early investments from Google, Qualcomm, Alibaba, and AT&T. The company has amassed nearly $4.5

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Saudi Arabia Gains Majority Stake in Magic Leap in $450M Deal

Road to VR

Founded in 2010 by Rony Abovitz, the Plantation, Florida-based company kicked off its consumer ambitions with a long and ambitious tease of its first AR headset, Magic Leap 1 (previously styled ‘One’), starting its marketing campaign as it emerged from stealth in 2014. Photo by Road to VR.

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Magic Leap Reportedly Exploring The Possibility Of $10 Billion Sale

VRScout

The Florida based AR company jumped on every tech nerds radar when they raised over $1.4 billion in 2015; companies such as Google and Alibaba Group were among those that backed the startup, making their post-money valuation around roughly $3.7 billion.

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Report: AR Startup Magic Leap is Looking for a Buyer

Road to VR

The Plantation, Florida-based company has raised $2.6 billion since its initial Series A financing in 2014, garnering cash from the likes of Google, Alibaba, Qualcomm, and Andreessen Horowitz over the years. Other options reportedly under consideration are potential partnerships and a stake sale.

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A look at Montana 17, a licensed VR Football experience for Google Daydream from small town Florida kid done good Damon Grow.

Cats and VR

Originally a GearVR title, Montana 17 will now be an important title for Google's Daydream VR platform. I am actually hoping Google supports the team as Superstar Games have done some excellent biz dev to get to this point. I hope Google is helping the Superstar Games team out quite a bit. Lucie, Florida.

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Crytek-Incubated ‘VR First’ Program to Double Number of Academic VR/AR Labs in 2017

Road to VR

AR headset distribution is much more dramatic, as students are mainly developing on Microsoft HoloLens (43%), with Google Glass, Vuzix AR headsets, Epson Moverio, Meta AR Dev Kits making up the rest of the pie chart. University of Florida, USA. image courtesy VR First. Tallinn University of Technology, Estonia. VIGAMUS Academy, Italy.

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VR-Eval Program Helps Survivors Of Human Trafficking Deal With Trauma

VRScout

According to research conducted by The International Labour Organization, human trafficking is currently a $150 billion global industry, with over 40.3 million people trapped in horrific situations ranging from forced labor to prostitution. victims for every 1,000 people, 25% of whom are children.

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