Shasta Ventures, the Mayfield Fund, Occam Partners and NVIDIA also took part in the financing round, which OUYA said it would use to grow its game development community and meet demand for its upcoming retail launch.
OUYA, which has developed a $99 console open to all game developers, beat its Kickstarter target by almost nine times by gathering $8.6m from investors.
KCPB general partner Bing Gordon will join the company’s board of directors following the round.
Gordon, who focuses on digital investments at KPCB, was part of computer game company Electronic Arts’ founding team in 1982.
He said, “OUYA’s open source platform creates a new world of opportunity for established and emerging independent game creators and gamers alike.
“There are some types of games that can only be experienced on a TV, and OUYA is squarely focused on bringing back the living room gaming experience.
“OUYA will allow game developers to unleash their most creative ideas and satisfy gamers craving a new kind of experience.”
Last month venture heavyweight KPCB led a $9.4m Series A round for cloud and mobility security platform Ionic Security.
Atlanta-based TechOperators also took part in the round amid its attempt to gather $100m for its second fund.
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