Formation 8
Oculus Raises $75 Million
Oculus VR has raised a $75 million Series B round of funding led by Andreessen Horowitz. Existing investors Spark Capital, Matrix Partners, and Formation 8 also participated in the round.
Kidaptive Raises $10.1 Million
Educational technology company Kidaptive has closed a $10.1 million round of Series B financing led by Formation 8, along with participation from Menlo Ventures, the Stanford-StartX Fund, NewSchools Venture Fund, and Prana Studios.
RealScout Secures $1.1 Million Seed Round
RealScout, a Sunnyvale‐based real estate technology company, has raised a $1.1 million seed round of funding from DCM’s mobile‐focused A‐Fund; Formation 8; and angel investor Ken DeLeon.