Ouya Receives $15,000,000 New Financing Round

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=845b232e-53ce-4e7e-af70-c3fc12b0d7b2&Preview=1
Date
5/9/2013
Company Name
Ouya
Mailing Address
1316 3rd Street Promenade Santa Monica, CA 90401
Company Description
Ouya is a $99 Android-powered box that’s open to any developer for hacking. In addition to running Android applications, Ouya is going to carry a ton of games that you can play for free. Developers, by default, have to make part of their games free to play.
Website
http://www.ouya.tv
Transaction Type
Venture Equity
Transaction Amount
$15,000,000
Transaction Round
Undisclosed
Proceeds Purposes
The company will use the financing for further development and market expansion initiatives.
M&A Terms
Venture Investor
Kleiner Perkins Caufield & Byers
Venture Investor
Mayfield Fund
Venture Investor
Shasta Ventures
Venture Investor
Undisclosed