Pebble project raises $10.3 million on Kickstarter
Donors on Kickstarter funded Pebble past its goal by more than 100 times, reaching $10.3 million before the campaign ended early due to a contribution cap. Pebble founder Eric Migicovsky said previous funding routes had failed, pushing them to crowd fund.
MENTIONED IN THIS ARTICLE
Eric Migicovsky
Pebble
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Amazon.com Inc
Perry Chen
Kickstarter funding model drives record gifts and profits
Kickstarter began in 2009 raising hundreds of millions for projects with a fixed goal and deadline. Creators offer rewards like theater tickets or watches while the site collects fees and processing from funded campaigns.
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Kickstarter
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