Ouya Wins $10M From Alibaba, Eyes China

Santa Monica-based game console developer Ouya has just scored $10M in an investment round from Chinese e-commerce giant Alibaba, as part of an effort to take the company's technology to China, according to a report citing people familiar with the matter. Ouya's game console leverages the Android operating system. Ouya ha previously raised funding from Kleiner Perkins Caufield & Byers, Mayfield Fund, NVIDIA, Shasta Ventures, and Occam Partners. More information »