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OUYA raises $15 million in new funding, said to help with game development and retail sales

OUYA secures $15,000,000 in additional funding to help with game development and retail sales

| Business, Financial & Legal News | Posted: May 9, 2013 5:02 pm

The crowdfunding world was blown away when the OUYA raised more than $8.5 million during its Kickstarter campaign for the tiny Android gaming console.

 

TweakTown image news/3/0/30275_1_ouya_raises_15_million_in_new_funding.jpg

 

This morning OUYA announced that it has secured an additional $15 million in funding from investors to help with game development, as well as its upcoming retail launch.

 

Investors include Kleiner Perkins Caulfield & Byers. Other investors include the Mayfield Fund, NVIDIA, Shasta Ventures and Occam Partners. The company has also announced that general partner Kleiner Perkins and former EA executive Bing Gordon will be joining OUYA's board of directors.

 

The company is well into the shipment process for all of its Kickstarter backers and is preparing its retail launch in the coming months.

NEWS SOURCE
Allthingsd.com

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