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.

@CharlesJGantt
Published Thu, May 9 2013 12:02 PM CDT   |   Updated Tue, Nov 3 2020 12:23 PM CST

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.

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

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

A web developer by day, Charles comes to TweakTown after a short break from the Tech Journalism world. Formerly the Editor in Chief at TheBestCaseScenario, he now writes Maker and DIY content. Charles is a self proclaimed Maker of Things and is a major supporter of the Maker movement. In his free time, Charles likes to build just about anything, with past projects ranging from custom PC cooling control systems to 3D printers. Other expensive addictions include Photography, Astronomy and Home Automation.

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