Troubled Magic Leap just secured $350 million in investment – Business Insider


Magic Leap has secured $350 million in a new investment round as it tries to secure the future of the company.The financing was announced in an internal email to staff by CEO Rony Abovitz.The company is working on its next headset, Magic Leap 2, but has made a shift to the enterprise market.Are you a current or former Magic Leap employee? Contact this reporter using encrypted messaging app Signal (+1 628-228-1836) or email (hlangley@businessinsider.com).Visit Business Insider’s homepage for more stories. Magic Leap, having recently laid off about half the company, has just secured $350 million in financing as the augmented-reality startup tries to pave a way forward.In a letter sent to employees and seen by Business Insider, Magic Leap CEO Rony Abovitz said the financing was led “by current major
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