Anduril valued at $ 1 billion in round including Andreessen Horowitz



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Palmer Luckey, founder of Oculus VR

Gabrielle Lurie | AFP | Getty Images

Two years after leaving Oculus from Facebook to create a virtual wall construction company on the southern border, Palmer Luckey is about to win big. His new business, Anduril Industries, is valued at more than $ 1 billion during a new fundraiser, according to people close to the issue.

The latest funding from Anduril includes a capital of Andreessen Horowitz, said the people, who asked not to be named, because the details of the tour are still confidential. Anduril's border control technology includes towers with cameras and infrared sensors that use artificial intelligence to track movements. He has been deployed in Texas and Southern California.

The representatives of Anduril and Andreessen Horowitz did not comment on this story.

As Anduril grows up, he takes over Facebook's DNA. Marc Andreessen, co-founder of Andreessen Horowitz, sits on the board of directors of the social network alongside Peter Thiel, whose Founders Fund had already invested in Anduril. Luckey founded the company after being fired from Facebook in 2017 because of the controversy surrounding his political contributions and his financial support to far right groups and internet trolls.

Facebook has acquired Oculus, maker of virtual reality headsets, for $ 2 billion in 2014. Andreessen Horowitz has also invested in Oculus.

Luckey launches into a defense contract market that employees of some of the largest companies in Silicon Valley refuse. Last year, Google announced that it would not renew the Pentagon contract, called Project Maven, after several thousand employees had signed a petition calling on CEO Sundar Pichai to hold Google away from the "war market" and the resignation of dozens of people. At the same time, Salesforce employees protested against the software vendor's contract for software sales at US Customs and Border Protection, while Microsoft employees opposed an agreement with the army aiming to provide augmented reality helmets.

Luckey, along with investors Anduril Thiel and Joe Lonsdale, blamed Google for withdrawing from his job for the US government.

"In trying to understand what I wanted to do next, I wanted to do something that, in my opinion, would not be done if I did not do it," Luckey told CNBC in October. "I had the impression that there were not enough hi-tech companies working on defense issues in a way that was more like the model of a business." Innovation of Silicon Valley that's a traditional defense contract. "

Anduril describes itself as a company that "invents and builds technologies to protect America and its interests".

– CNBC Lora Kolodny contributed to this report.

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