555 posts and columns on gaming
Irvine, Calif.-based Oculus VR has closed a $16 million series A funding round co-led by Spark Capital and Matrix Partners, the company confirmed today. Leaked news of the round was first reported by PandoDaily. Oculus VR is the maker of the Oculus Rift, a forthcoming consumer-priced virtual gaming headset. Prototype “dev kit” versions of the headset are currently being sold to software developers for $300 apiece. A price and release date for the first consumer version has not yet been announced.
Mobile-social games company SGN, founded by MySpace co-founder Chris DeWolfe, has acquired another independent studio, Mob Science, the companies announced in a press release. Zynga had invested in Mob Science via its Partners program, and published its Facebook RPG Legends: Rise of a Hero. That game and the rest of Mob Science’s portfolio is included in the acquisition, but monetary terms of the deal were not disclosed.
News ByteThe Happy Cloud has been in stealth mode since it launched in 2011, but claims that users who download games through its partnerships with publishers can start playing them almost instantly while the full game download finishes in the background. The company also announced the appointment of a new CEO, Tamir Buchler.