Pebble Smartwatch hits $10m on Kickstarter, sells 85,000 units

The most popular project in the history of crowd-sourcing site sells-out

The most popular Kickstarter project of all-time has closed its doors to big-time backers after raising $10m and selling out the first batch of pre-orders

The Pebble Smartwatch (opens in new tab) concept, which integrates with your iPhone and Android smartphone, has announced the entire 85,000 initial pre-orders have now sold out after reaching an astonishing $10,000,000 (£6.2m) in funding from Kickstarter backers (opens in new tab).

The Bluetooth 4.0 wrist-watch, which will run apps with the help of your smartphone, had attained 66,550 backers, at the time of writing and has reached made the decision to close the donation process after obliterating the $100,000 goal it was attempting to reach in 40 days.

Instead it reached $10m in 32 days.

Pebble which features an e-paper display that's highly visible in sunlight, utilises your iPhone or Android's GPS signal to run fitness apps, control the music on your smartphone and receive delivery of urgent messages and was heralded this week as the most popular project in the history of the crowd-sourcing site.

New apps can be downloaded from the Watch App Store on your smarthpone and will be automatically transferred to the watch.

An update on the Kickstarter page (opens in new tab) says: "We've thought a lot about this decision, and we feel it's time. You, our backers, were the first group of people to believe in Pebble, and we want to return our focus to creating the most awesome watch possible for you."

The watch will eventually go on sale again at getpebble.com (opens in new tab).

Via: PCMag (opens in new tab)

Chris Smith studied journalism at Liverpool John Moores University, graduating with a First Class degree. He joined T3.com as video producer and editor, but you can also find articles written by Chris on the topics of gaming, wrestling, phones, future tech, mobile payment systems, tablets, streaming services, apps, and much more.