Oculus Rift makers get $75 million from investors to finish consumer model

Short of attending an industry event or ordering your own dev kit, it’s a bit tricky to get your hands on an Oculus Rift VR headset. Soon, that could change: the company just secured $75 million in funding to bring the product to market. 

After a few abortive attempts at virtual reality crashed and burned in the early ‘90s, it was a struggle to get anyone in the tech world to take VR seriously. But it seems that today, Oculus VR has had no trouble raising over $100 million total for its much-hyped Rift headset, even though a final version of the product still has yet to be formally announced.

By Louie Baur

+Louie Baur is Editor at Long Beach Louie, a Long Beach Restaurant Review site as well as Skateboard Park. Find him on Twitter, Facebook, and Pinterest.

Leave a comment

Your email address will not be published. Required fields are marked *