Magic Leap Raises $793.5 Million from Warner Bros., Alibaba, Others

7 February 2016 by My Durban

Magic Leap Raises 3.5 Million from Warner Bros., Alibaba, Others

Magic Leap, a secretive startup developing an augmented-reality system, announced $ 793.5 million in funding led by Alibaba Group with participation from Warner Bros. and other investors. According to Magic Leap, the latest round values the company at …

Read more on Variety

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Category: NewsTag: $793.5, Alibaba, Bros., from, leap, Magic, million, others, raises, Warner

About My Durban

Durban is a major coastal city and the economic hub of the KwaZulu-Natal (KZN) province in eastern South Africa. Governed by the eThekwini Municipality, it is renowned for its busy seaport, tropical climate, diverse cultural influences (African, Indian, and colonial), and the popular “Golden Mile” beachfront promenade, serving as a premier tourism and industrial center.
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Durban in the Newspapers on 7 February 2016

Durban Image: South Africa Art Deco