Mako Surgical co-founder’s startup Magic Leap raised $1.4B for ‘mixed reality’ tech

magic-leap-augmented-reality-arMako Surgical co-founder Rony Abovitz has raised $1.4 billion for his newest venture, Magic Leap, a company focused on developing novel augmented reality that could find its way to the operating room.

The company’s technology, which has been kept hush-hush since it began development in 2011, is designed to project images onto the users retina to create “mixed reality” objects in the environment without the use of external screens or devices.

By Fink Densford | MassDevice

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About Peter Coffaro 1431 Articles
A growth-driven and strategic executive, Peter Coffaro commands more than 20 years of progressive management success within the medical device industry. As a District Sales Manager for Stryker Orthopaedics, Peter was responsible for managing and directing a regional sales force to achieve sales and profit goals within the Rocky Mountain region. Previously, he was the Director of Sales & Marketing for Amp Orthopedics. In this role, Peter was responsible for planning, developing, and leading all sales and marketing initiatives. Peter is a former orthopedic distributor in the Pacific Northwest. He has also worked with DePuy Orthopaedics as well as Zimmer, and held positions in sales, sales training, and sales management. Peter has an extensive background in organizational development, business development, sales management, negotiating and P&L management. Peter holds a B.S. degree in Biology from Northern Illinois University.

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