Magic Leap may pop out another big fund raise – and other tech talk

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The secretive Magic Leap may be fund-raising again, and with that may pull a $6 billion to $8 billion valuation out of its hat. That’s from sources of the tech blog BackChannel.

According to BackChannel, part of Wired Media Group, Plantation-based Magic Leap is raising a Series D funding round led by Chinese ecommerce giant Alibaba. It’s not sewn up yet though. That’s from sources of tech writer/editor Jessi Hempel, who also wrote one of the first long features about the augmented reality tech company with very little about its actual technology (that NDA, you know) about a year ago in Wired.

Read more here: http://www.miamiherald.com/news/business/technology/article150387592.html#storylink=cpy

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