DEPLOYDatabase

Company

Oculus VR

Oculus VR was a virtual reality hardware company founded by Palmer Luckey in 2012, best known for the Oculus Rift headset that revived the consumer VR industry.

Founded
2012
HQ
Menlo Park, California, USA
Status
acquired (by Meta/Facebook, 2014)

The verified answer

As of Aug 2026, DEPLOY verifies Oculus VR: 1 model, 4 deployments across 3 regions, $2.1B raised, 1 active incident. 1 source back the record.

CategoryWearable AI

Overview

Oculus VR was a virtual reality hardware company founded by Palmer Luckey in 2012, best known for the Oculus Rift headset that revived the consumer VR industry. The company raised $91 million in venture funding including a $2.4M Kickstarter campaign and a $75M Series B led by Andreessen Horowitz, before being acquired by Meta Platforms for approximately $2 billion in 2014.

Oculus products including the Rift, Quest, and Quest 2 now fall under Meta's Reality Labs division, which reported $2.2 billion in revenue and a $19.1 billion operating loss in 2025.

Verified record

Verified deployments
4 deployments on file
Active incidents
1 incident on file

Valuation of record

DEPLOY VERIFIED
$10.0B (reported, approximate)as of Mar 2014

Priced roundOther post-money

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Key facts

CEO

Brendan Iribe (former)

CTO

John Carmack (former)

Total funding raised

$91 million ($2.4M crowdfunding + $88.6M venture)

Hero image candidate

upload.wikimedia.org (source: Wikimedia Commons, CC BY)

Data & sources

Web sources

1

1 source backing this record.View all →

Current leadership (5)

Founders (4)

See all founders across the registry →

Safety record

1 recall on record (1 moderate). Most recent: Jul 2021.

moderate
1

Most recent: Jul 2021

Only active incidents are counted. Retracted incidents are excluded from this summary but remain reachable at their canonical URLs.

Full safety record: incidents, sourcing, and exposure data →

Incidents affecting Oculus VR (1)

Includes incidents linked directly to this company, to its models, or to deployments of its models or under its operation. Retracted incidents are excluded from this view but remain reachable at their canonical URLs.

Operator customers (1)

Recent coverage

Oculus VR in third-party press

Peer companies