Ouya

Tim Bradshaw

Ouya, the open-source games console, has become the first Kickstarter tech project to graduate to a more traditional funding scheme – venture capital.

After getting $8m from 63,000 crowdfunders last August, Ouya on Thursday announced it has raised $15m from investors including Kleiner Perkins Caufield Byers, Mayfield Fund and Nvidia, to accelerate its plan to attack the mass marketRead more >>

Chris Nuttall

At a time when the future of game consoles has never looked less rosy, along comes Ouya, another box for under the TV set with the backing of none of the major publishers.

Unpromising? Certainly. But the price ($99), the design (Yves Behar coolness) and the concept (an open platform for every type of free-to-play game out there) could give the startup a fighting chance of success with consumers. Read more >>