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Oculus Rift Secures another $75 Million in funds - Printable Version

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Oculus Rift Secures another $75 Million in funds - cucubelu - Dec 15 2013

This is the next big thing. Release Q1/Q2 2014 (I am part of the Developers secret forums). I have one, and I have to say... god YES. Future is here! Smile

Oculus Rift Secures $75 Million Additional Funding


December 14, 2013 - 10:10pm
Oculus CR, the company behind the highly anticipated Oculus Rift virtual reality headset, has raised $75 million on top of the $16 it received earlier this year.

The new funding comes primarily from investment company Andreessen Horowitz, with venture capital entrepreneurs Marc Andreessen and Chris Dixon joining the Oculus board.

According to The Verge Andreessen Horowitz didn't buy into the Oculus hype until they tried out the latest version of the Rift with its improved latency, resolution and head-tracking.

The new fund will be used to help with production costs and to support software developers and encourage them to create high quality games for the yet-unreleased platform.

"They're not just betting that their game will be successful, they're also betting that Oculus will sell enough units to make their game profitable, and that's a really big bet for a developer to make," said Oculus founder Palmer Luckey. "If a company is going to take out a lot of time from their development schedule to build a game in VR, we don't want them to have to shoulder all of that risk themselves."

Oculus Rift release date has not been decided yet.

Source: http://megagames.com/news/oculus-rift-secures-75-million-additional-funding


RE: Oculus Rift Secures another $75 Million in funds - ceddeeoo - Dec 15 2013

yesss goood


RE: Oculus Rift Secures another $75 Million in funds - Killersprotection [Bmo] - Dec 26 2013

So how much is the price for the oculus rift did they announce it already


RE: Oculus Rift Secures another $75 Million in funds - cucubelu - Dec 26 2013

KiLLeRspRoTecTiOn, post: 105007, member: 14929 Wrote:So how much is the price for the oculus rift did they announce it already
Current price is $300. They want to bring it down to $150-200 last I read on the dev forums. They also said they are willing to partner up with big shot companies like NVIDIA to offer Oculus for free when purchasing new hardware for the computer, but that isn't 100% confirmed yet.


RE: Oculus Rift Secures another $75 Million in funds - Killersprotection [Bmo] - Dec 26 2013

cucubelu, post: 105008, member: 15378 Wrote:Current price is $300. They want to bring it down to $150-200 last I read on the dev forums. They also said they are willing to partner up with big shot companies like NVIDIA to offer Oculus for free when purchasing new hardware for the computer, but that isn't 100% confirmed yet.

Damn well we gotta accept it its a good peripheral


RE: Oculus Rift Secures another $75 Million in funds - EffiGee`1HP - Dec 26 2013

sweet between this VR stuff and that electric orgasm suit who needs human interaction?