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

AI Launches: Enterprise software, ecommerce, cybersecurity & search

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

1 hour ago

AI-powered explosive detection: Helping authorities stay ahead of threats

With threats becoming more complex than ever, explosive risks are evolving rapidly, posing serious risks…

2 hours ago

SIA-India pre-budget submission urges satellite backbone to empower 40,000 connectivity-fragile Gram Panchayats

SatCom Industry Association (SIA-India) has called for the launch of a National Satellite Connectivity Mission…

19 hours ago

Telangana’s bold future: Anand Mahindra hails people-centric vision at Rising Global Summit 2025

At the Telangana Rising Global Summit 2025, industrialist Anand Mahindra, who is the Chairman of…

20 hours ago

RBI slashes repo rate, injects $16B liquidity: Experts decode India’s ‘Goldilocks’ economy

The Reserve Bank of India cut its key repo rate and left the door open for further…

23 hours ago