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Confirmed: Oculus VR Raises $16 Million Series A for Virtual Reality 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.
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MySpace Co-Founder’s Games Company Acquires Former Zynga Partner
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.
Notes From a n00b at E3: A Sensory Overload of Fun and Games (But Mostly Just Games)
Sound and fury, signifying something to the people this expo is really for: The gamer faithful.
Zynga Layoffs and the NSA on Your Phone — 10 Things You Need to See on AllThingsD This Week
The week in AllThingsD, in one convenient post. You’re welcome!
Oculus’s Luckey and Mitchell: What’s the End Game for the Rift? (Q&A, Part Two)
“Our No. 1 goal is doing it on our own.”
Oculus Co-Founders Luckey and Mitchell on the Rift’s Progress, Price and Limitations (Q&A, Part One)
“You want to take it to the level where they’re not just looking around in the game, but they’re interacting in the same way that they would interact with real life.”
When Do Mobile Games Ditch Free-to-Play? When They’re Made to Babysit.
In-app purchases can rake in the dough … and for games targeted at children, that’s a problem.
News Byte
Cloud Gaming Startup Happy Cloud Raises $4.25 Million Series A Round
The Happy Cloud, one of a slew of “cloud gaming” startups trying to bring videogames to new and different platforms, announced Wednesday it had raised a $4.25 million Series A round of venture capital. The round was led by Avalon Ventures and joined by Jesselson Capital and Shaman Ventures. The 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.Xbox One Design Started From a “Blank Slate”
The Xbox One is not an iteration, Microsoft says. It’s a complete media overhaul
Xbox One Offers Voice Controls, New Kinect, Original Content, TV Integration, NFL Partnership
The news from Microsoft’s Xbox: A New Generation Revealed event.
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