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Magic Leap CEO Rony Abovitz to step down – The Vergeclockmenumore-arrownoyesFollow The Verge on FacebookFollow The Verge on TwitterRSS feed (all stories on The Verge)SearchVox Media

Rony Abovitz, the co-founder and CEO of lavishly funded augmented reality company Magic Leap, will step down from his position, reports Business Insider. Abovitz’s planned departure, which doesn’t yet have a concrete date, marks an unceremonious end to his tenure at the helm of Magic Leap, a once-buzzy startup that earned a high profile for how secretive it was early on about its technology and the eye-popping amounts of venture capital it raised. Magic Leap has so far raised about $3 billion dollars over the last decade, though it has

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