Oculus secures £46 million funding to bring virtual reality headset to market

Virtual reality gaming company Oculus VR has moved one step closer to bringing its critically acclaimed Rift headset to the consumer market, announcing $75 million (£46 million) in funding to help make this goal a reality.

The funds come from investment firm Andreessen Horowitz, with co-founder Mark Andreessen joining the Oculus VR board of directors as part of the deal.

In the company's official statement, Andreessen said: "We believe Oculus will not only alter the gaming landscape, but will redefine fundamental human experiences in areas like film, education, architecture and design. We're incredibly excited to help them change the world."

The Series B funding will be a big boost to the commercial development of the Oculus Rift headgear, though no details have yet been revealed regarding a possible release date.

So far the immersive stereoscopic device has only been sold to developers actively supporting it.

"Over the past 16 months, we've grown from a start-up to a company whose virtual reality headset is poised to change the way we play, work and communicate," said chief executive Oculus VR Brendan Iribe in a statement.

"40,000 developers and enthusiasts, as well as a number of great partners, have joined our cause and helped us bring the seemingly impossible to life. This additional infusion of capital, as well as the leadership and experience of Marc Andreessen, will help us take the final steps toward our ultimate goal: making virtual reality something consumers everywhere can enjoy."