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Oculus Rift inches closer to reality with $16m investment

The Oculus Rift first caught our attention when its Kickstarter Campaign outpaced the goal amount by a full decimal place.Months later, despitecountless videos of eager test subjects losing their minds at the headset, we were still skeptical that the product would ever actually make it to market - that was untill today. Pandodaily reports that the VR Wunderkinds have just sealed the deal on a $16m round of funding, which basically means we're all one step closer to knowing what the hell this grandma is on about.