Magic Leap’s business strategy for bringing augmented reality to the mainstream has become even clearer via its latest funding round.
On Friday, the company announced that it has secured $280 million in funding from NTT Docomo, the largest wireless provider in Japan.
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“Docomo is proud to offer new value-added services never experienced before to our customers and partners through our partnership with Magic Leap,” said NTT Docomo president and chief executive officer Kazuhiro Yoshizawa, in a statement. “Docomo aims to co-create advanced MR services and expand the XR market by… more
Source: Magic Leap Deepens Funding from Telecom Industry with $280 Million from Japan’s NTT Docomo
