Oculus VR has managed to attract additional investment to the tune of $75 million, which they say will allow them to develop the consumer version of their virtual reality headset.
Netscape founder Marc Andreessen (Andreessen Horowitz) led the contributions and will take a place on the board, and other investors (Formation 8, Spark Capital and Matrix Partners) also chipped in as the company aims to release their product to eager consumers around the world.
"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," said Iribe said in a statement that came via VentureBeat. "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."
In the first round of funding Oculus Rift managed to attract well over $2 million from the crowd via Kickstarter, as well as an additional $16 million from many of the same investors who've contributed in this latest round.