Monday, 14 October 2024
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Oculus Rift secures $16 million for consumer production

Added: 18.06.2013 5:17 | 7 views | 0 comments


The Oculus Rift has been one of the most intriguing projects as time has gone on, and with E3 just passing for the company, they revealed some major news surrounding consumer production for the platform. In a release sent to Examiner.com today, Oculus Rift has revealed that they have secured $16 million in Series A funding. This was co-led by Spark Capital and Matrix Partners, while Santo Politi and Antonio Rodriguez have joined the company's board of directors.

From: n4g.com

Oculus Rift secures $16 million in funding

Added: 17.06.2013 22:02 | 4 views | 0 comments


Venture capital funding led by Spark Capital and Matrix Partners to be used to "accelerate" development of virtual reality technology.

Virtual reality company Oculus VR has announced it has secured $16 million in venture capital funding, co-led by Spark Capital and Matrix Partners, with additional money from firms Founders Fund and Formation 8.

The funds will be used to "accelerate" development of the Oculus Rift hardware, software, and services, the company said.

"Oculus began with a single mission: to put players inside the game," said inventor Palmer Luckey. "This investment allows us to deliver immersive and affordable virtual reality to players everywhere."

As part of the funding allocation, Spark founder Santo Politi and Matrix general partner Antonio Rodriguez will join the Oculus VR board of directors.

In a statement, Oculus VR CEO Brendan Iribe explained that many challenges still lie ahead for the company, but the extra funding should help it achieve its goals.

"There are still many challenging problems to solve, but with the support of these great investment partners, and our passionate community, we will continue to hire the brightest minds and stay laser focused on delivering the very best virtual reality platform possible," Iribe said.

The Oculus Rift headset was , raising a total of $2.4 million at the close of its crowd-funding campaign. Development kits are available now for game makers, though no release date has been set yet for a public release.

Oculus VR cofunder Andrew Scott Reisse was in Santa Ana, California. Reisse was crossing a sidewalk when a Dodge Charger carrying suspects fleeing police struck and killed him. He was 33.

From: www.gamespot.com

E3 2013 attendance hits 48,200

Added: 17.06.2013 14:24 | 3 views | 0 comments


Entertainment Software Association reveals attendance figure for this year's show, says hotel spending brought in $40 million for Los Angeles.

48,200 industry professionals, analysts, journalists, and retailers from 102 countries attended E3 2013, event owner and organizer the Entertainment Software Association has announced.

This is up from .

The show resulted in an approximated 28,000 hotel room nights, generating about $40,000,000 for the host city of Los Angeles.

E3 2014 will take place at the Los Angeles Convention Center .

E3 will remain in Los Angeles through . The annual gaming gala has been held in Los Angeles for 16 of its 18 years of existence. Other host cities have included Santa Monica, California (2007), and Atlanta, Georgia (1997).

From: www.gamespot.com

Groove Heaven Review | Game Podunk

Added: 16.06.2013 6:17 | 8 views | 0 comments


GP writer Leah Santa Cruz reviews Groove Heaven on the 3DS.

From: n4g.com

E3 2014 slated for June 10-12

Added: 13.06.2013 22:49 | 3 views | 0 comments


Next year's show to be held second week in June at Los Angeles Convention Center.

E3 2014 will be held at the Los Angeles Convention Center June 10-12, 2014, organizers announced today on the final day of E3 2013.

The dates for next year's show were revealed in a banner hanging near the entrance of the LACC today.

"See you next year! June 10-12, 2014," reads the banner.

E3 will remain in Los Angeles through . The annual gaming gala has been held in Los Angeles for 16 of its 18 years of existence. Other host cities have included Santa Monica, California (2007) and Atlanta, Georgia (1997).

Tags: Jump, Santa, Other
From: www.gamespot.com

The Order: 1886 IGN Rewind Theater

Added: 13.06.2013 17:17 | 13 views | 0 comments


IGN - Our editors eat up and break down Santa Monica and Ready At Dawn's newest game.

From: n4g.com

News: The Order 1886 announced for PS4

Added: 11.06.2013 3:05 | 3 views | 0 comments


From Ready at Dawn with Sony Santa Monica.

The game is in development at Ready at Dawn with Sony Santa Monica.

The action is set in an alternate history where technological advances take centre stage in a battle against a powerful and ancient foe. The game takes place nearly 40 years after the Industrial Revolution, but unlike in real history, our Industrial Revolution stems from mankind’s desire to prevail in a centuries-old war. The advances in technology invented by some of the foremost minds of the time, give man an opportunity to take the upper-hand for the first time in their struggle.

In the game, you...



From: www.videogamer.com

Battle of the Sands Gameplay Trailer (HD)

Added: 10.06.2013 16:59 | 5 views | 0 comments


The future. Fossil fuels have been completely exhausted on Earth. Yet they remain essential for numerous human activities. Fortunately, vast resource deposits have been discovered on a desert planet in a colonised system. Six mega corporations are vying for control of these resources. As Director of Production of one of the six companies, it is your duty to repel the enemy factions and ascertain your monopoly. Should you be successful in this endeavour, you will be in an excellent position to claim the Megacorp Vice Presidency. Should you fail, your career will end abruptly, with consequences so disastrous they do not bear thinking about...

From: www.gamershell.com


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