Oculus tells Engadget plans for its new cash
The Oculus Rift creators recently secured $16 million in funding from investors, on top of their September Kickstarter bounty of $2.4 million – and they're going to use that cash to bulk up the team.

"We're using the funding to ramp up on hiring more smart people, the best and brightest that we can find," Oculus Rift CEO Brendan Iribe told Engadget. "The dev kit as it is now, that we're shipping, will stay the same, and the software side will just keep getting better."

Oculus Rift currently employs fewer than 50 people, and the new hires will be mostly engineers, Iribe said. Right now the headset is in development for PC games, but that doesn't mean other platforms are out of the running completely.

"We're always looking at other platforms, looking at consoles; we're also looking at Android and the mobile side in a big way – but right now we really are focused on the PC platform," Iribe said.

Sony President Shuhei Yoshida said he loves the Oculus Rift, though the PS4 doesn't currently support the VR headset. Yoshida wouldn't say if the PS4 will support Oculus Rift in the future – and he said it with a big smile, Engadget noted.

This article was originally published on Joystiq.