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Crowdfunding raises $10 Million for Pebble Smartwatch on Kickstarter

The Pebble smartwatch, a wristwatch that connects wirelessly to a smartphone to show updates like text messages, has raised more than $10 million on Kickstarter, a crowd-funding platform.

The project, which is the most-financed project of Kickstarter in its history, attracted 85,000 buyers and $10.1 million. The project has been so success that the founders decided to stop the funding-raising even though it still had another week to go before it was officially closed.

By JENNA WORTHAM

Full Story: http://bits.blogs.nytimes.com/2012/05/11/pebble-smartwatch-tops-out-at-10-million-on-kickstarter/?

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