Oculus Rift Raises Another $75 Million

Oculus Rift has just banked another $75 million in funding to continue development of its VR headsets.
Virtual reality startup Oculus, the company behind the much-hyped Rift VR headset, has landed $75 million in Series B funding. The round, which closes Friday morning, is led by Andreessen Horowitz, WIRED has learned. It includes significant involvement from Spark Capital, Matrix Partners, and Formation 8, all of whom were involved in a $16 million Series A round in June.