California's Oculus VR receives The Crunchie for being the Best Hardware Startup

By VCPOST Staff Reporter

Feb 11, 2014 09:06 AM EST

After weeks of voting, Oculus VR has won The Crunchie for the Best Hardware Startup of the year, according to TechCrunch.

Other nominees in the same category for include business aerial drones maker 3D Robotics, Internet-connected device platform builder SmartThings, wireless speaker startup Sonos, and mobile credit card payment firm Square, the report detailed.

Last year, Oculus released a developers-only version of its Oculus Rift virtual reality (VR) headset. However, the consumer version is yet to be released. The startup has not even announced an official date for the launching of that one. This is not because of lack of funding, talent or interest. It is more because of the drive for perfection. Oculus knows that they must get the device right the first time they release it to the market, the report explained.

Right now, Oculus is making a lot of noise in the tech world. Founders are leaving their posts to become part of the virtual reality firm. The most loved gaming companies have committed to support the research and development of its products. Lastly, developers all over the world are already building apps and concepts around the Oculus Rift VR, TechCrunch reported.

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