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Submitted by crock7owu10 746d 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  +   746d ago
nice i am interested in this. if the price point is good. it's mine.
NameRemoved0017  +   746d ago
Probably will cost a couple hundred $ at most.
M-M  +   746d 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  +   746d 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.

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