The augmented reality company has now raised almost $600m in total, after Qualcomm and Legendary Entertainment joined Google in the round.
US-based visual imaging technology developer Magic Leap closed a $542m series B round on Tuesday backed by investors including internet company Google and wireless technology producer Qualcomm.
Google led the round, while additional backers included Qualcomm’s corporate venturing unit Qualcomm Ventures, film and comics producer Legendary Entertainment, KKR, Vulcan Capital, Kleiner Perkins Caufield & Byers, Andreessen Horowitz and Obvious Ventures.
Magic Leap is developing an augmented reality system that will enable realistic moving images to be superimposed on to a…
