$50mn in series A in Feb. $542mn in series B just eight months later. And this is how they describe their not-yet-public technology:
He likens Magic Leap compared to other AR-type tech to a situation whereby, if youd come to see the Wright Brothers fly their original airplane in 1903, only to learn that someone else was building a jet in the next hangar over., and the article talks of a potential market in the trillions of dollars because it’s applicable everywhere.

Wow. Just wow. Smells like a company that is going to cause a very significant change in our lives! Hopefully something in it for startups :-)