OUYA's Kickstarter funding is complete: over $8.58 million raised, starts shipping in March (update: still going)

It's a wrap! Suffice it to say, it's a been a relatively short, yet astoundingly fruitful -- and initially record-breaking -- funding run for OUYA, the hackable, Android-based gaming console. With just 29 days to work with since being announced, the Yves Behar-designed system has raked in over $8.58 million thanks to just under 63,300 backers on Kickstarter as of its official 1AM ET funding deadline today. Those who opted for developer editions will be able to start tinkering with their own units around December, while the majority of backers should receive the console as early as March 2013. Missed the Kickstarter bandwagon? Don't fret, because OUYA plans to take pre-orders from the general public over the web soon, expecting those units to arrive at doorsteps near April.

The numbers are only part of the picture, of course. If you'll recall, OUYA swiftly acquired a slew of partnerships from companies like OnLive, Square Enix, XBMC, Vevo, and Robotoki -- and as if that wasn't enough, just yesterday Namco Bandai and Plex officially joined the content-providing party as well. What's more, we now know that each console will support up to four of those touchpad-equipped controllers for local multiplayer action. Even with all that, this story is far from over, as Joystiq points out that Julie Uhrman and company "promise" to have more updates before its official launch. Naturally, it still remains to be seen how OUYA's (literally) tiny, Tegra 3-powered footprint will fare against the big three in gaming, but we're cautiously optimistic.

So, while the final, mass-produced product is still months away, in the meantime you'll find a recap of all the highlights from OUYA in the nifty saga module below. You can also hit up our friends at Joystiq here for extra insight from the company about its successes so far.

Update: Despite the timer hitting zero, it appears that pledges are still being accepted past the 1AM deadline -- better be quick! We'll be sure to update the numbers again as soon pledging is officially halted.

[Source: Engadget]

Roku lands $45M in funding, plans hardware, media expansion

Roku, the maker of a popular player for streaming Web content to TV sets, has closed a new round of funding.

The company has landed a $45 million investment from companies including News Corp. and British Sky Broadcasting, it announced today.

Also participating in the round were prior Roku venture investors Menlo Ventures and Globespan Capital Partners, as well as an unnamed strategic investor. In addition to the cash injection, News Corp's chief digital officer, Jon Miller, has joined the Roku board of directors, while Roku CEO Anthony Wood remains chairman.

"Our philosophy is to give consumers the best streaming TV experience, with the most content and at the best value in the market; and it has served us well as millions of consumers have brought Roku into their homes," said Wood. "With the News Corporation and Sky strategic relationships, we are poised to further grow our leadership position and to become the TV distribution platform of the future."

Roku will use the funding to promote brand awareness, launch new advertising campaigns and enter new markets. It also plans to increase engineering and production to support the growth of both its hardware and the digital media services available on the Roku platform, including advertising, games, transactional and pay-per-view video, and content.

The company is set to release the Roku Streaming Stick this fall. The wireless, dongle-sized steaming device will be compatible with the latest television sets and consumer electronics, according to Roku, and will be the first step in breaking away from simply producing steaming players, and into connecting its platform to smart TVs and related hardware.

[Source: cnet]