40°
Submitted by crock7owu10 588d ago | news

Oculus Rift secures $16 million for consumer production

The Oculus Rift has been one of the most intriguing projects as time has gone on, and with E3 just passing for the company, they revealed some major news surrounding consumer production for the platform.

In a release sent to Examiner.com today, Oculus Rift has revealed that they have secured $16 million in Series A funding. This was co-led by Spark Capital and Matrix Partners, while Santo Politi and Antonio Rodriguez have joined the company's board of directors. (Oculus Rift, Tech)

edwineverready  +   588d ago
nice i am interested in this. if the price point is good. it's mine.
NameRemoved0017  +   588d ago
Probably will cost a couple hundred $ at most.
M-M  +   588d ago
I want to try it so bad, I hope they start having demo units at Best Buy soon for people to try out.
CleverHaiku  +   588d ago
The articles that I read (which included direct quotes from the Oculus CEO) explicitly stated that the funding is for R&D, NOT for speeding up consumer production. Misleading, inaccurate headline.

Add comment

You need to be registered to add comments. Register here or login
Remember
New stories
10°

Hyperdimension Neptunia Re;Birth2: Sisters Generation (Phew) Review | GIZORAMA

5m ago - Jordan Lemos, GIZORAMA - "Some series come along with a premise that sounds a bit ridiculous, esp... | PS Vita
40°

Majoras Mask 3D: 4 Things to Get Pumped For

9m ago - GamerFitnation: "One of the major video game remakes that Nintendo fans have been clamoring for i... | 3DS
20°

H1Z1 vs. DayZ: Which Game is Shaping Up Better?

9m ago - Crave Online: "H1Z1 has just shambled out into the wild, releasing on Steam Early Access and alre... | PC
20°

Prepare for Havoc, the Exo Zombies are here

9m ago - Neil writes "Call of Duty Advanced Warfare has just got a ton better thanks to its latest downloa... | Xbox 360
Ad

Far Cry 4 (XB1) Review

Now - Ken finds his inner tiger in Kyrat. | Promoted post
20°

5 LucasArts Classics Ripe for Remakes

9m ago - With the launch of Grim Fandango Remastered and the upcoming release of Day of the Tentacle Speci... | Culture