Oculus Rift Secures Additional $75 Million In Funding For Consumer Model

The Oculus Rift is an interesting piece of hardware, as we saw for ourselves (pun intended) during CES 2013 earlier this year. For those unfamiliar, the Oculus Rift headset is a virtual reality headset designed for games that would basically submerge a gamer into a virtual reality environment which would help with the game’s immersiveness, but to date the headset has yet to be sold on a commercial level, but rather to a select handful of gamers and developers who are tinkering around with it and modding it to run games on it, such as with Half-Life 2 and Minecraft.

Well the good news for those who didn’t manage to get their hands on the headset is that the company behind Oculus Rift has managed to secure an additional $75 million in funding. This recent injection of funds is from investment firm, Andreessen Horowitz which would provide the investment firm’s co-founder, Mark Andreessen, with a board seat. It will also go towards the completion of a consumer model that would work on a variety of devices, like as Android, Linux, Mac, and PC platforms.

According to Oculus Rift’s CEO, Brendan Iribe, “This additional infusion of capital, as well as the leadership and experience of Marc Andreessen, will help us take the final steps toward our ultimate goal: making virtual reality something consumers everywhere can enjoy.” There’s no telling when this consumer model will be released, but hopefully sooner rather than later.

Tyler Lee
Categories: Gaming
Tags: Oculus Rift