Android Gaming Console Startup Ouya Raises $8.6 million From Kickstarter

On Thursday, Ouya’s Kickstarter campaign came to an end with the project having raised nearly $8.6 million from 63,416 backers. The startup is led by former IGN executive Julie Uhrman, whose goal was to build an affordable console based on the Android operating system. In an effort to gain additional funding, Uhrman enlisted the help of crowd-sourcing website Kickstarter on July 10th. The project was an immediate hit, reaching its funding goal of $950,000 in less than eight hours.

The Ouya will be a $99 Android-powered gaming console that is built for TV screens. The device is equipped with an NVIDIA Tegra 3 processor and features 1GB of RAM, 8GB of flash storage, HDMI output, Wi-Fi, Bluetooth 4.0 and a USB 2.0 port.

Throughout the campaign, Uhrman and her team launched new partnerships that saw Ouya gain additional content from providers such as OnLive, VEVO, iHeartRadio and XBMC. The Ouya game console is expected to ship to Kickstarter backers in March 2013.

Via: BGR

Team TechPanda

Recent Posts

Geek Appeal: New gadgets & apps on the block

The Tech Panda takes a look at recently launched gadgets & apps in the market.…

2 hours ago

Funding alert: Tech startups that raked in moolah this month

The Tech Panda takes a look at recent funding events in the tech ecosystem, seeking…

4 hours ago

AI Launches: Fintech, SaaS, customer service, EdTech, hospitality, cleantech, consulting, graphics & skilling

The Tech Panda takes a look at recent launches in the superfast field of Artificial…

1 day ago

India’s Nari Shakti moment: Women’s workforce participation doubles as industry backs return-to-work initiatives

India is witnessing a historic surge in women’s participation in the workforce. According to Ministry…

1 day ago

Once more with feeling: An ambitious bid to build a digital Disneyland for fans

This entrepreneur, who entered the startup ecosystem when he was only thirteen years old, wants…

1 week ago