By Brian Kovalesky, StartUp Beat Editor
Today’s early-stage startup funding and acquisitions news:
Virtual reality startup Oculus VR has secured a $16 million Series A funding round. The giant round was led by Spark Capital and Matrix Partners. It follows the company’s successful $2.4 million dollar Kickstarter campaign that shattered its goal of $250,000. Oculus VR makes an advanced 3D, motion detecting Virtual Reality headset. The Irvine, California-based startup was founded in 2012 by Palmer Luckey.
Vital Stats:
Website: www.oculusvr.com
HQ: Irvine, California
Year Founded: 2012
Founder: Palmer Luckey
Investors: Spark Capital, Matrix Partners (Series A)
Innovation: An advanced 3D, motion detecting Virtual Reality headset, primarily for gaming.
Total Funding: $18.4 million (Kickstarter and Series A)
(Sources: Oculus VR, Kickstarter, TechCrunch)
More funding and acquisitions news…
With $1.9M From Venrock And Others, Trumaker Wants To Bring Made-To-Measure To The Masses (via TechCrunch)
Artificial Intelligence Platform Parakweet Raises $2 Million in Angel Funding (via PR Web/company press release)
Ink, the Company Behind Filepicker.io, Closes $1.8M Seed Round (via Marketwire/company press release)
FiftyThree, Maker Of Drawing App Paper, Raises $15 Million From Andreessen Horowitz And Others (via TechCrunch)
Filipino Gift-remittance Startup Ayannah Gets $1M Angel Round (via TechCrunch)
Ad Giant WPP Leads $4.4M Round In Muzy, A Mobile Microblogging Startup With 20M Users (via TechCrunch)
Accel Launches Second $100 Million Big Data Fund (via AllThingsDigital)
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