Ouya raises $15m in latest funding round

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May 11th, 2013, 14:28 Posted By: wraggster

Nvidia amongst wave of new backers for Android console

Ouya has raised $15 million in funding from new investors, the company's CEO has announced.
Julie Uhrman said that new funding was important for keeping the tiny Android in console in business for the long haul, and also meant it could increase production to meet demand.

New investors for Ouya include Kleiner Perkins Caufield & Byers, Mayfield Fund, Nvidia, Shasta Ventures and Occam Partners.
Launched on Kickstarter in July last year, Ouya quickly broke records to become the highest crowdfunded project on the site’s history, raising $8.5 million in just 30 days.
At the time, when Develop asked Uhrman whether there were other avenues of investment open to Ouya, she revealed that the company was in fact looking for additional funds, and would have taken the console to Kickstarter regardless of how successful raising private investment would have been.

http://www.develop-online.net/news/4...-funding-round

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