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The Business of Virtual Reality is Being Led by Former Kickstarter, Oculus Rift

Rodrigo Mejia

Oculus Rift is a head-mounted display (think ski goggles with screens inside, one for each eye) that tracks a user's head movement and seamlessly translates that motion into a virtual world, connecting the virtual character's perspective with that of the user's. It's the first legitimate virtual reality system to receive widespread acclaim, so much so that the former Kickstarter project has just landed $75 million in Series B funding to start producing the device in volume. It releases in 2014.

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