Congratulations to our portfolio company, Nimble VR (formerly 3Gear Systems), for their recent acquisition by Facebook’s Oculus!

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Oculus, which was acquired by Facebook Inc. in a $2 Billion deal in March, disclosed the acquisition of Nimble VR on Dec. 11, 2014.

Nimble VR, which was formerly known as 3Gear Systems, was founded in 2012 by Rob Wang, Chris Twigg, and Kenrick Kin. This startup does skeletal hand tracking with tiny, 3-D cameras that can be mounted on top of the Oculus Rift.

Nimble VR raised funding on Kickstarter and from investors TEEC Angel Fund, Intel Capital, Crunch Fund, K9 Ventures, Ovo Fund and other backers.

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