News

Oculus raises $75 million in funding

Posted by: John at 12/13/2013 5:20 AM

The boys leading the VR headset revolution on the PC side, Oculus VR, have gone and raised $75 million in funding. Back in June, they had $16 million. Now, that money's going to be used to help create the consumer version of the Oculus Rift.

Currently, there are only dev kits in the wild for people to try out. While they work out well, they aren't very consumer friendly. Resolution's still low at 1280x800, when you combine the two views. It's also a little bulkier than what they want.

Now with the influx in cash along with John Carmack being a full time employee of Oculus, they're set to create a version they can sell to all the gamers out there that are interested. 

I've been holding off on getting one as I want the higher resolution, which is reported to be 1920x1080. Having used the Oculus Rift at CES a year ago, I was blown away by how well it worked in its early stages. Let's hope it's not too long before everyone can get their hands on one of these to play with.