As of this writing, the project had gathered almost $5.2 million in crowd-sourced funding, which is more than 5 times what the team originally wanted. But, that's not enough. Last Friday, when the funding was at $4.4 million, Ouya founder Julie Uhrman told Develop that “this is a really big undertaking and it’s going to be expensive." So, the team is looking for more funding, not for the hardware side, but more to attract developers and other partners to help make the console a success.
Uhrman was incredibly thankful to the entire Kickstarter community. She praised not only the crowd's incredible generosity, but the incredible amount of free marketing the project has gotten because of that generosity. She also made a point to highlight the openness that the team is building into the platform, including "USB ports that allow a hobbyist or a hardware hacker to build peripherals."
We still need a lot more info on the console, how it'll work, and the software available, but we're sure we'll keep getting info on this.