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OUYA Secures $15 Million in New Funding


Ouya today announced that it has raised $15 million in new funding, as the $99 Android-powered console has been delayed to June 25. The extra money comes from venture capital firms and will be used to support the platform’s development community and “meet increased demand” for the system’s impending launch, originally slated for June 4.

The $15 million in new funding piles on top of the $8.6 million raised through Ouya’s original Kickstarter campaign last year. According to the company, today’s announcement of venture capital funding “validates” the company’s business strategy.


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