Google Leads $542m Funding Round For Augmented Reality Wearables Company

An anonymous reader writes: After rumors broke last week, Magic Leap has officially closed the deal on a $542 million Series B investment led by Google. The company has been extremely tight-lipped about what they're working on, but some digging reveals it is most likely an augmented reality wearable that uses a lightfield display. "Using our Dynamic Digitized Lightfield Signal, imagine being able to generate images indistinguishable from real objects and then being able to place those images seamlessly into the real world," the company teases. Having closed an investment round, Magic Leap is now soliciting developers to create for their platform and hiring a huge swath of positions.