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Oculus VR Raises $75M in Series B to Make Virtual Reality a Commercial Reality

Venture Capital Firm Andreessen Horowitz Leads the Round IRVINE, CALIFORNIA (Dec 13, 2013) – Oculus VR, Inc., creators of the highly anticipated Oculus Rift, announced today that it has raised $75 million in Series B funding to finalize development of its virtual reality platform and ecosystem. Andreessen Horowitz led the round, which also included significant additional investment from the Series A investors Spark Capital, Matrix Partners and Formation 8. Founded in 2009 by angel investors Marc...

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John Carmack Joins Oculus VR as Chief Technology Officer

IRVINE, CALIFORNIA (August 7, 2013) – Oculus VR, Inc., developer of the highly anticipated Oculus Rift, today announced that legendary programmer John Carmack has joined the Oculus team as Chief Technology Officer (CTO) and will lead development from their new office in Dallas, TX. An industry visionary and renowned technical genius, Carmack will lend his unique engineering expertise to the development of the Oculus VR platform. “The dream of VR has been simmering in the background for decades,...

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Oculus VR Closes $16M Series A to Bring Consumer Virtual Reality Platform to Market

Spark Capital and Matrix Partners Lead Round to Fuel Oculus VR’s Next Phase of Growth IRVINE, CALIFORNIA (June 19, 2013) – Oculus VR, Inc., developer of the highly anticipated Oculus Rift, today announced that it has closed $16 million in Series A funding. The round was co-led by Spark Capital and Matrix Partners. Santo Politi, founder and general partner at Spark, and Antonio Rodriguez, serial entrepreneur and general partner at Matrix, have joined the company’s board of directors. Founders...

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Custom UDK to Ship with All Oculus Rift Developer Kits

Epic Games and Oculus VR Partner to Help Unreal Engine Developers Build the Future of Games IRVINE, CALIFORNIA (March 25, 2013) – Oculus VR, Inc., developer of the highly anticipated Oculus Rift, announced that it will provide a custom, Oculus-ready version of Epic Games’ Unreal Development Kit (UDK) to every developer who has purchased the Oculus Rift development kit. In addition, all Unreal Engine 3 full source licensees will receive the Oculus – UE3 integration code free of charge....

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Oculus Rift Developers Get Extra Boost of Support from Unity Technologies

Extended Unity Pro Trial Licenses Provided to Every Oculus Rift Developer Oculus Rift Developers Get Extra Boost of Support from Unity Technologies Extended Unity Pro Trial Licenses Provided to Every Oculus Rift Developer IRVINE, CALIFORNIA (March 22, 2013) – Oculus VR, Inc., creators of the highly anticipated Oculus Rift, announced that it has partnered with Unity Technologies, developer of the Unity multi-platform engine and development tools, to provide every Rift developer with a four-month...

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Oculus VR™ Appoints Activision SVP Laird Malamed as Chief Operating Officer

Addition Brings Extensive Operations and Production Experience to Oculus Team IRVINE, CALIFORNIA (January 23, 2013) – Virtual reality for video games received another boost as Oculus VR, Inc. (Oculus), a developer of virtual reality technology, announced that Laird M. Malamed has joined the company as chief operating officer. Prior to joining Oculus, Malamed served as the senior vice president and head of development at Activision Blizzard where he oversaw the production on blockbuster properties...

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Oculus VR™ to Bring Virtual Reality to South Korea

Former Autodesk Gameware and Scaleform executive to head up Korean business operations Seoul, South Korea – August 22, 2012 – The newfound momentum behind virtual reality crossed the Pacific today as Oculus VR™, a developer of virtual reality technology, announced that it had hired Dillon Seo to direct its business operations in South Korea. Seo, a 7-year industry veteran and former Business Director for Scaleform, will lead the launch of the Oculus VR™ Korea office and spearhead...

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Former Gaikai and Scaleform Officer, Brendan Iribe, Joins Oculus VR™ as CEO

Los Angeles – August 14, 2012 – On the heels of its highly successful Kickstarter launch, Oculus VR™, a developer of virtual reality (VR) technology, announced that the former Gaikai chief product officer and Scaleform CEO, Brendan Iribe, has joined Oculus VR™ as CEO. Other key hires include Michael Antonov and Jack McCauley, who join Oculus as chief software architect and vice president of engineering, respectively. “The success of our Kickstarter campaign has been overwhelming...

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New Virtual Reality Gaming Headset From Oculus VR™ Gets Kickstarted

Kickstarter campaign to spur distribution of development kits for new “Oculus Rift” Los Angeles – August 1, 2012 – The long-awaited goal of virtual reality (VR) for video games came a step closer today as Oculus VR™, a developer of virtual reality technology, launched a Kickstarter campaign for its new headset—the “Oculus Rift.” The campaign aims to speed the distribution of early development kits to game developers and enthusiasts around the world. People can join the initiative...

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