March 7 (Reuters) - Magic Leap, a secretive startup workingin the augmented reality space, said on Wednesday it raised $461million in its latest funding round, led by the Kingdom of SaudiArabia's sovereign investment arm.
The company said it raised $963 million in the series Dround, taking the total funding to over $2.3 billion to date.
Saudi Arabia's Public Investment Fund joins a clutch ofglobal names such as Alphabet Inc's Google, AlibabaGroup, Qualcomm Inc, Time Warner'sWarner Bros and J.P. Morgan Investment Management which haveinvested in Magic Leap.
Magic Leap in October raised $502 million in a capitalfunding round, led by Singapore government-owned investment firmTemasek Holdings.
The latest financing round comes as Magic Leap readies toship in 2018 its long-awaited debut product, "Magic Leap One,Creator Edition", an AR headset built for developers.
Magic Leap said Allen & Co LLC served as its financialadvisers.
(Reporting by Arjun Panchadar and Munsif Vengattil inBengaluru; Editing by Sriraj Kalluvila)