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Oculus VR. Oculus VR (simply known as Oculus) is an American technology company founded by Palmer Luckey in June 2012 in Irvine, California, now based in Menlo Park. It specializes in virtual reality hardware and software products.
Friday will mark two years to the day since Facebook shocked the tech world by buying Oculus for $2 billion, a company just 18 months removed from launching thanks to $2.4 million in Kickstarter pledges. It was a gamble that, put simply, made virtual reality a reality.