The road to XBOX ONE. Follow the journey

Ouya secures $15m in additional funding

James Batchelor
Ouya secures $15m in additional funding

A further $15m has been poured into Ouya, the Andoid console originally crowd-funded by Kickstarter.

The company's CEO Julie Uhrman said this additional investment was important to ensuring the long-term future of the device and would help increase production to meet demand.

High retail demand was the reason given earlier today for the three-week delay to the console's launch.

New investors for Ouya include graphics specialists nVidia, Kleiner Perkins Caufield & Byers, Mayfield Fund, Shasta Ventures and Occam Partners.

The Kickstarter campaign for Ouya, which launched last July, quickly broke previous records to become the highest crowdfunded project on the site’s history, raising $8.5 million in just 30 days.

Oddly, Uhrman has previously stated that the console would not need funding beyond the original Kickstarter campaign in order to launch. MCV's sister publication Develop has the full story.

Advertisement

Tags: Ouya , ouya funding , ouya android

Follow us on

  • RSS