Categories

Oculus VR raises $75M round led by web browser inventor Marc Andreessen's VC firm to launch virtual-reality goggles

  • Posted byby Dean Takahashi
  • Updated
  • 3 min

Virtual reality goggle maker has raised a massive round of $75 million led by Netscape founder Marc Andreessen’s Andreessen Horowitz venture capital firm to create a consumer version of its product.

The funding values Irvine, Calif.-based Oculus VR at a huge amount and will give the company a new level of credibility as a platform player in the video game market. The money will go toward staffing up to build a commercial version of the Oculus VR virtual reality goggles.

Unlock premium content and VIP community perks with GB M A X! Join now to enjoy our free and premium perks. 

Join now →

Sign in to your account.

Written by

Dean Takahashi

Dean Takahashi is editorial director for GamesBeat. He has been a tech journalist since 1988, and he has covered games as a beat since 1996. He was lead writer for GamesBeat at VentureBeat from 2008 to April 2025. Prior to that, he wrote for the San Jose Mercury News, the Red Herring, the Wall Street Journal, the Los Angeles Times, and the Dallas Times-Herald. He is the author of two books, "Opening the Xbox" and "The Xbox 360 Uncloaked." He organizes the annual GamesBeat Next, GamesBeat Summit and GamesBeat Insider Series: Hollywood and Games conferences and is a frequent speaker at gaming and tech events. He lives in the San Francisco Bay Area.