Augmented Reality (AR) startup Magic Leap was founded by Rony Abovitz,- the son of Israelis. It has raised a massive $1.4 billion and set-up an Israeli development center.
http://www.wareable.com/ar/magic-leaps-ar-tech-827-million-investment-2055
http://www.globes.co.il/en/article-magic-leap-opens-israel-development-center-1001054075