Investors Gives $75 Million To Oculus Rift Makers For Finishing Consumer Model

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Investors Gives $75 Million To Oculus Rift Makers For Finishing Consumer Model

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Ever since its launch the Oculus Rift has always been one of the most talked about product for the future of Gaming Gadgets. The wearable gaming tech is still in the hands of developers which does not allow everyone to get a hands-on experience with it. 

This might change soon, as Andreessen Horowitz, an investment firm known for funding companies like Jawbone, Facebook Twitter and Skype has funded the makers of Oculus Rift with $75 Million. With this investment, Mark Andreessen, owner of Andreessen Horowitz will join Oculus Rift as a member in the companies Board of directors. Mark said in a statement:

We believe Oculus will not only alter the gaming landscape, but will redefine fundamental human experiences in areas like film, education, architecture and design”,  ‘We’re incredibly excited to help them change the world.”


This funding might help Oculus Rift to bring the consumer variant of the gaming wearable soon for everyone. Furthermore, company’s CEO Brendan Iribe said in a statement:

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.”


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Preetish Gumber
iGyaan's New Brain key, Conceptual thinker, Work horse, Photography lover and tech writer catch him on Google Plus : Google+