Oculus VR, the company behind virtual reality headset Oculus Rift, has secured $75 million in funding as it continues its push toward releasing the buzzworthy device to consumers.
Venture capital firm Andreessen Horowitz, the company who has helped fund tech giants including Facebook and Twitter, led the Series B round of funding for Oculus. Also, the firm's co-founder, Marc Andreessen, will join Oculus VR's board of directors.
"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," says Oculus VR CEO Brendan Iribe in a statement.
Oculus Rift is a virtual reality headset that displays content in stereoscopic 3D with a field of view of 110 degrees diagonally. Players immersed in a game will be able to view from all angles, whether it's in front, above, below or even behind them. Versions of the headset will run in 1080p high-definition resolution.
Although video games will be heavily involved with Oculus Rift, the headset could be used for other applications, such as a virtual movie theater demonstrated at E3.
"Oculus will not only alter the gaming landscape but will redefine fundamental human experiences in areas like film, education, architecture, and design," says Andreessen in a statement. "Oculus is at the tip of the iceberg of its potential, and we're incredibly excited to help them change the world."
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