Very cool news - Oculus gets a second round of funding
Looking forward to these hitting the shelves. From
The Verge:
Oculus raises $75 million to jump-start the virtual reality business
In June, Oculus raised $16 million to finish research and development on its critically acclaimed virtual-reality headgear, and today the company's taking the next step. With a new lead investor, Andreessen Horowitz, the company has now secured another $75 million in Series B funding. Marc Andreessen himself is joining the Oculus board, along with fellow partner Chris Dixon, and it's a brand-new version of the Oculus Rift headset that convinced them to join in.
"Virtual reality has been a long-standing dream in tech and sci-fi. To me it always felt kind of inevitable but it was one of those things, you never knew quite when it would become a reality," Dixon tells The Verge. He was impressed with the first developer kit he saw last year, but not enough to invest. Now, however, he says that Oculus has achieved what he was looking for. "The dimensions where you need to improve this kind of VR are latency, resolution and head tracking, and they have really nailed those things."
I don't play computer games -- for some reason I never really got into them. That being said, I love that they are out there. The gaming industry spearheaded the development of high quality graphics equipment. The first
color graphics card for the PC displayed 640 by 200 pixels and a whopping palate of 16 colors. They cost around $300 in 1981 dollars ($770 in
today's dollarettes) Compare that to today's video cards...
The Oculus will be a game changer.
Posted by DaveH at December 13, 2013 2:35 PM