We are happy to announce today that we have raised an additional $11M in funding, in a new round led by Vulcan Capital and with participation from other new and existing investors.
This is certainly great news for us, but also great news for the overall VR ecosystem as we continue to see more and more validation from the investing community that VR presents enormous opportunities. With this investment, we will be able to substantially grow our team as we continue to develop and release our open source shared virtual reality software.
We are hiring right now for many open positions in engineering, design, and content development — so if you’ve considered diving into VR or wondered whether now it the right time — it is! Our work is fascinating and challenging, with a wide range of components from physics to network streaming to character animation, graphics, lighting, and distributed computing.
Our next big milestone will be an open alpha version of our system which will allow everyone to start deploying interconnected shared VR spaces. As you can see from the video, you can build beautiful 3D environments with complex interactive content and then communicate and interact naturally inside them, optionally using HMD’s, hand controllers, depth cameras, and other emerging hardware interface devices.
TechCrunch has a great article on us and the investment, which you can read here.
And as the Oculus team so aptly said: See you in the Metaverse!