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Oculus raises $75 million to jumpstart the virtual reality business


In June, Oculus raised $16 million to finish research and development on its critically acclaimed virtual reality headgear, and today the companys taking the next step. With a new lead investor, Andreessen Horowitz, the company has now secured another $75 million in Series B funding. Marc Andreessen himself is joining the Oculus board, along with fellow partner Chris Dixon, and its a brand-new version of the headset that convinced them to join in. Virtual reality has been a long standing dream in tech and sci-fi.

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