Oculus Rift gets shedload of cash to help polish consumer headset Eurogamer.net If you click on a link and make a purchase we may receive a small commission. Read our editorial policy. Oculus Rift gets shedload of cash to help polish consumer headset "What will revolutionise gaming is putting people inside the digital world." News by Wesley Yin-Poole Deputy Editorial Director Updated on 22 May 2019 52 comments Ho ho ho. Oculus VR will have a very merry Christmas indeed after it raised $75 million to help complete the consumer version of the Rift headset. Venture capital backer Andreessen Horowitz stumped the majority of the cash. Co-founder Marc Andreessen, who joins the Oculus board, said: "We believe Oculus will not only alter the gaming landscape but will redefine fundamental human experiences in areas such as film, education, architecture, and design." Other investors include Spark Capital, Matrix Partners and Formation8. Oculus VR CEO Brendan Iribe added: "Over the past 16 months, we've grown from a start-up to a company whose virtual reality headset is poised to change the way we play, work and communicate. "40,000 developers and enthusiasts, as well as a number of great partners, have joined our cause and helped us bring the seemingly impossible to life. This additional infusion of capital, as well as the leadership and experience of Marc Andreessen, will help us take the final steps toward our ultimate goal: making virtual reality something consumers everywhere can enjoy." Oculus began life after it raised an impressive $2.4 million through crowd-funding website Kickstarter. It then raised another $16 million in a Series A funding round. Over 40,000 development kits have been sold. The consumer version is still without a release date. Technical whiz John Carmack recently left Doom developer id Software to become Oculus VR chief technical officer. "The games industry is well past the point where more pixels, texels, flops, and frames displayed on the same fixed screens are really changing the experiences that players get," he said. "I could say the same about other digital experiences as well. What will revolutionise gaming, and interactive content in general, is putting people inside the digital world. That is our goal at Oculus, and this Series B will help us get there." The funding comes as Sony prepares to enter the VR headset market with its own rival device for PlayStation 4. Expect more on that next year. Become a Eurogamer subscriber and get your first month for £1 Get your first month for £1 (normally £3.99) when you buy a Standard Eurogamer subscription. Enjoy ad-free browsing, merch discounts, our monthly letter from the editor, and show your support with a supporter-exclusive comment flair! Support us View supporter archive More News Splatoon 3 Amiibos will be out next month Ink-coming! 3 Fans think Phil Spencer's shelf is teasing the Xbox Game Pass streaming box UPDATE: Xbox confirms old Keystone prototype. 61 Modder dives into Demon's Souls files following PS5 jailbreak, discovers fabled Ring of the Chieftain Who knows what's nexus? 4 Google announces cloud gaming Chromebooks less than a fortnight after Stadia shutdown GeForce Now preinstalled. 11 Latest Articles Digital Foundry Sennheiser's legendary HD 599 open-back headphones are just £70 at Amazon in the Prime Early Access Sale Comfortable with neutral sound and a wide sound stage. Preview Football Manager's new Console edition is the best you'll get without a PC Getting Touch-right. 1 Splatoon 3 Amiibos will be out next month Ink-coming! 3 Fans think Phil Spencer's shelf is teasing the Xbox Game Pass streaming box UPDATE: Xbox confirms old Keystone prototype. 61 Supporters Only Premium only Off Topic: Take a minute to appreciate Cookin' with Coolio's incredible scallops recipe. What a great book. Premium only Off Topic: Reading City of Glass in comic form "Where exactly am I going?" Premium only Off Topic: Il Buco is a transporting film about a really big hole Underlands. Off-Topic Netflix handled Sandman brilliantly It was Dreamy. 9 Buy things with globes on them And other lovely Eurogamer merch in our official store! Explore our store