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OUYA Receives $15 Million in Additional Funding, Shifts Launch Date Back Anyway

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The Kickstarter darling OUYA is slowly starting to trickle into the hands of people who backed them early on in their development. Today in a blog post, they announced that through an additional round of funding, that they have raked in another $15 million that they plan on dumping into, “increasing production to meet our demand” and other development. However, shortly after saying that, they also announced that the retail launch date of the OUYA will be pushed back. 

“The demand we’re seeing from gamers and our retailers is beyond our expectations,” they write, so the retail launch of the console is being pushed back to June 25th. It seems that this new $15 million in funding will go into ramping up production after the launch of the console instead of before.

Only a bit more of a wait before we can get this Android-powered gaming console in our hands, but we will keep you updated as the launch gets closer.

Via: OUYA

  • NYAvsFan

    Got my email friday, just waiting for the actual tracking to show op on the dhl page!

    • OrangeAttack

      Been waiting for mine to show up for 6 days… *palm face*

    • willie

      Same here :)

  • coolsilver

    Well I was thinking about buying one sometime since I was skeptical. Kickstarters seem to be hit or miss… “POP Portable Power charging device” being on my mind lately of failures… or delays with “iMpulse game controllers”

  • EvanTheGamer

    This is great news. But I am still awaiting my blasted “We’ve shipped your OUYA to you!” confirmation e-mail. Hopefully it’ll arrive in my inbox either today or tomorrow at the latest. I made the mistake of forking over more dough for the exclusive limited edition OUYA/plus an extra controller. If I didn’t do that, I’d probably have my OUYA in hand by now(maybe). Ahh well, way it goes I suppose.

    I honestly don’t care what happens though, just as long as I get my OUYA well before June 25th(the date in which the OUYA officially launches).

    • Treknologist

      I’m on the same boat as you.

  • Liderc

    This company is going to be a disaster of epic proportions. Can’t believe they got more funding.

    • EvanTheGamer

      If that was really the case then obviously no one would be sending ‘em more money. There are smart people out there. They know what they’re doing, friend.

      • Ian

        The smart ones you say? They’re holding onto their money for now.

        • EvanTheGamer

          I was referring to the investors. They obviously wouldn’t just be THROWING their money at a company if they knew it wasn’t going to be a sure thing. Come on now, have a little faith.

          • normmcgarry

            Like all the people that bought Facebook’s stock?

          • michael arazan

            People who make bad investments on purpose so later they can write them off their taxes? Nope, Never heard of that.

  • http://twitter.com/nedrudrelytmai Tyler Durden

    How about spending the money on improving its specs.

    • Brock Hatfield

      That will happen over time. Their plan, last I read, is to release a new updated version of the hardware every year or so but keep it at that $100 price point.

      • http://twitter.com/nedrudrelytmai Tyler Durden

        Yeah well they need too. Tegra 3 and 1gb of ram is horrendous.

        • http://www.facebook.com/lee.goldschmidt Lee Goldschmidt

          Well tbh it’s not going to be as bad as you think. There’s no radio/gps/screen/etc… to manage like in a phone, so all of the resources can be allocated to the game.

          • Eric

            I could be wrong about this, but I imagine the OUYA will still need to process the video output (just like on a phone) even though it will be shown on a screen (I can’t imagine the TVs being responsible for that). So I’d guess it will still need to manage the video output. But you’re right about radio/gps.

  • Hank 42

    Got my Confirmation in the mail today!!

    • jesus

      nice lie

      • blah blah

        Shut up, Jesus, YOU’RE the lie!!