Matterport, a company specializing in the capture and digital reconstruction of real-world environments, has announced a $30 million Series C investment round led by Qualcomm Ventures. The company says that the new investment brings its total funding to $56 million....

Fove is today announcing that the company has received an undisclosed amount of funding from Samsung Ventures to further their eye-tracking VR headset, and additionally firms up their commitment to support Valve's Lighthouse positional tracking technology. Having now raised 180%...

Industrial Light & Magic, the visual effects company founded by George Lucas, have announced a new project group called ILMxLAB, an internal research group that focuses on "all manner of immersive entertainment." ILMvLAB aims to develop a number of immersive media projects, including...

Rothenberg Ventures, the San Francisco based VC firm behind the 'River' VR accelerator is opening their doors for a second class of VR startups. The company seeks to invest another $1 million across 10 companies after a successful inaugural...

Oculus announced at their pre-E3 'Step into the Rift' event that they would be committing more than $10 million to accelerate indie VR developers. The investment fund signifies the largest amount of money ever publicly earmarked by Oculus for third-party content...

At yesterday's Oculus 'Step into the Rift' event, Oculus listed some stats about the spread of the Rift DK1 and DK2 development kits, showing that more than 175,000 units have been sold. The Oculus Rift DK1 dev kit was the...

Chris Pruett, Oculus’ head of developer relations and co-founder of Robot Invader, elucidates more about the technical knacks for optimizing Unity-based works intended for the Samsung Gear VR mobile platform. See Also: Oculus Shares Optimization Tips for Unity-based Gear VR Projects In...

Though people speak of the 'metaverse'—a vast network of interconnected virtual worlds—as a far flung future concept, in reality we already have the underlying structure built and functioning on a massive scale; it's called the internet and it connects billions...

The first class of Rothenberg Ventures’ ‘River’ VR accelerator have graduated. Thirteen companies, in which Rothenberg invested a combined $1.3 million, showed off their latest work at the company’s annual Founder Field Day event. Road to VR was on the...

Reload Studios, a VR development studio formed by former Call of Duty developers, has announced that they've received a $2 million investment from World Innovation Lab. World Innovation Lab is a tech investment firm based in Silicon Valley and Tokyo....

Google has just released the Cardboard Design Lab app for Android which puts users inside of a VR environment and teaches them fundamentals of VR design. The app demonstrates each of its lessons quickly in impressively effective ways. As Google further...

Ready or not, Apple, here comes virtual reality on the iPhone courtesy of Google. The search giant has now released the official Cardboard app for iOS with a few brand new demos. What's more, the Cardboard SDK is compatible...

With the exciting new developer features revealed with the Oculus SDK 0.6 earlier this month, it's great to see Epic working diligently to bring the new version to Unreal Engine 4. The first integration of 0.6 for UE4 comes...

FOVE, the eye-tracking VR headset, has reached its crowdfunding goal in less than 4 days time. Stretch goals have yet to be revealed. After having quickly blown past the Kickstarter goal in the course of 96 hours, the landmark VR headset has come ever closer to...

Epic's high fidelity Showdown demo was only barely able to hold framerate on one of the most powerful GPUs in the world when it debuted last September. But now, after optimizations for Unreal Engine 4 on PS4, the demo runs on...