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{{stub}}==Introduction==[[Magic Leap ]] is an [[Augmented Reality]] [[AR Platform|platform]] founded by [[Rony Abovitz]] and developed by [[Magic Leap (Company)]]. Developing in stealth mode since 2011, Magic Leap's goal is to create a [[virtual retinal display]] system using [[light fields]]. The company has raised over 590 million dollars from [[Google]], Qualcomm, Andressen Horowitz and other investors. On December 9, 2015, it was revealed that Magic Leap is raising $827 million dollars in a new round of venture funding.
The main device of Magic Leap is a [[optical head-mounted display]] with a tiny projector that shines light onto a transparent lens, which deflects the light onto the user's retina. Named [[dynamic digitized lightfield signal]] by Magic Leap, this process is different from the traditional stereoscopic 3D technology used in movies and other [[VR]] devices such as [[Oculus Rift]]. Dynamic digitized lightfield signal does not trick your eyes to create 3D effects, instead it utilizes the projector and lens to shine light into your eyes directly. The result is sharper and more realistic rendered imageries. Similar to [[HoloLens]], Magic Leap intends to use its technology to blend the real world with that of the artificial.
'''February 2, 2016''': Magic Leap raised 793.5 million dollars in Series C round led by [[Alibaba]]. Founder of Alibaba, [[Jack Ma]], joined Magic Leap on its board of directors.
'''October 18, 2017''': Magic Leap raised $502 million dollars in Series D round led by Singaporean investment firm Temasek.
==References==
