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Oculus VR
American company
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crowdfunding
- In crowdfunding: Examples of successful crowdfunding
…high-profile example of crowdfunding is Oculus VR, now part of Meta (the parent company of Facebook). It produces virtual reality headsets and other hardware and software. The firm’s founder, Palmer Luckey, used Kickstarter to raise \$2.4 million (U.S.) in 2012, vastly exceeding its crowdfunding goal of \$250,000. Facebook purchased the…
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metaverse
- In metaverse
…acquired the virtual reality company Oculus in 2014, and in 2021 the company changed its name to Meta Platforms. That same year it released its metaverse application Meta Horizon Worlds, in which users can use Oculus headsets to play games created by other users. The application included a business platform,…
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