Pebble raises record $10 million on KickStarter, sells 85,000 watches
Pebble raises record $10 million on KickStarter, sells 85,000 watches
The Pebble smartwatch has had a tremendous journey over the past three weeks. Not even a week after its announcement, the watch became the most funded project in the history of crowd-sourcing website Kickstarter. Eric Migicovsky, the company’s founder, and his team have since doubled in size from five employees to 10 and have sold 85,000 watches to 66,434 backers, raising more than $10 million in the process. The Pebble was in such high demand that Migicovsky made the difficult decision to limit pre-orders to 85,000, a number that was reached nine days prior to the project’s original end date of May 18th. More →


