Full-Time
Posted on 11/9/2023
Augmented reality platform for enterprise solutions
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Company Historically Provides H1B Sponsorship
Remote in USA + 1 more
More locations: Boulder, CO, USA
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Magic Leap creates an augmented reality (AR) platform specifically designed for businesses. This platform helps companies improve their workflows, increase productivity, and enhance their return on investment (ROI). The AR technology allows teams to collaborate globally as if they were in the same room, provides 3D visualizations for better project reviews, and offers real-time support to workers in the field. Unlike many competitors, Magic Leap focuses on creating a user-friendly experience while ensuring a large field of view in a comfortable design. The goal of Magic Leap is to empower businesses to transform their operations and maximize human potential through effective use of AR technology.
Company Size
1,001-5,000
Company Stage
Growth Equity (Venture Capital)
Total Funding
$3.6B
Headquarters
Plantation, Florida
Founded
2011
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Magic Leap has faced significant hurdles in achieving commercial success.reports suggest that Xiaomi is collaborating with GoerTek to develop a new generation of AI glasses aimed at competing directly with Ray-Ban Meta.The company's struggles have been compounded by internal challenges.
After completing a master's degree at Columbia University, Tejaswini joined Magic Leap, where she led the vision and strategy for augmented reality products.
Seattle science-fiction author Neal Stephenson will play a key role in Lamina1’s Artefact collaboration with Weta Workshop. (Photo via Lamina1)A digital content platform inspired by Seattle science-fiction author Neal Stephenson’s vision of the metaverse is collaborating with Weta Workshop, the special-effects company best known for its work on “The Lord of the Rings” movie trilogy, to create a whole new online territory for virtual worlds.Lamina1 says its newly announced project, known as Artefact, will provide a new blueprint for expanding digital content through “immersive experiences that incorporate fan action and input.”“This is more than just a new virtual world — it’s a new way to build worlds,” Stephenson, who co-founded Lamina1 in 2022, said today in a news release. “It’s a promising new way of looking at what we can offer to both creators and their communities. By collaborating with Weta Workshop, we’re forging a new path in digital worldbuilding. Lamina1’s commitment to a creator-driven economy and open metaverse provides a foundation that ensures long-term value and creative quality.”Stephenson and the Weta team plan to begin engaging with creators and fans on the Lamina1 platform this fall. Participants will be invited to unravel the lore behind a mysterious set of “Artefacts” that build upon Stephenson’s works
Google is teaming up with Magic Leap to create a new mixed-reality headset, continuing their collaboration despite previous setbacks.
Augmented reality (AR) startup Magic Leap reportedly cut 75 jobs on Thursday (July 18) as it reorients its business toward technology licensing.The company’s cuts included its entire sales and marketing departments, Bloomberg reported Friday (July 19).“Magic Leap has been evolving our go-to-market approach to better align with market dynamics and emerging opportunities, optimizing how we support our customers and our ecosystem,” a company spokesperson said in the report. “As part of this, we have consolidated our frontline engagement to our developer support and care teams.”“We will continue to actively support Magic Leap’s customers, developers and our large ecosystem through the Developer Support and Care teams,” the spokesperson said.Since its founding in 2010, Magic Leap has shifted its focus from building an AR headset for consumers, to focusing primarily on business users, to concentrating on technology licensing, according to the report.The company now aims to license its optics technology used in AR headsets, the report said.This report comes about two months after Google formed a partnership with Magic Leap.The companies offered few details about their collaboration, but Reuters reported on May 30 that the partnership is a sign that Google could be planning a return to the market for augmented and virtual reality technology.The partnership would meld Magic Leap’s optics and device manufacturing expertise with Google’s technology platforms, though neither company said whether the partnership is expected to produce a consumer AR device.“We’ve shipped a couple of different versions of augmented reality devices so far, so we’re out there delivering things, and Google has a long history of platforms thinking,” Magic Leap Chief Technology Officer Julie Larson-Green told Reuters at the time. “So, we’re thinking, putting our expertise and their expertise together, there’s lots of things we could end up doing.”In October, Magic Leap appointed Ross Rosenberg as CEO, saying he will drive the next phase of the company’s growth at a time when the enterprise AR market is beginning to merge around specific use cases and verticals.“As companies begin to see the true [return on investment (ROI)] from deploying AR technologies, there is now a clear need state that Magic Leap is capable of solving for,” Rosenberg said at the time in a press release