Oculus Rift Ripe With $75 Million In New Round Of Fundraising
The comparatively jaw-dropping $75 million fundraising effort was led by Mark Andreessen of investment firm Andreessen Horowitz, who will also join Oculus’ board of directors.

The money will go towards commercializing the 3D virtual reality Oculus rift headset, which should give gamers everywhere sometime to get seriously excited about. Prototype versions of amazing tech all too often turn into vaporware, and judging by the impressive progress the Oculus Rift team has made in a relatively short time, this product deserves to see the light of day and populate store shelves.
These good tidings for Oculus follow the news that id Software’s legendary John Carmack was leaving his former post to join Oculus, which adds a strong gaming industry to the company’s ranks.