Wearables & Gadgets

Pebble reaches $1 million funding goal in 1 hour for Pebble Time 2, Pebble 2 and Pebble Core

Earlier this morning, Pebble added three new products to its arsenal: Pebble Time 2, Pebble 2 and Pebble Core.

Pebble started its Kickstarter goal at $1,000,000 USD for all three devices and has blown past this milestone within an hour after launching its campaign.

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When the Pebble Time was announced last year it crushed the same dollar amount within 20 minutes and went on to raise a total of $20,338,986 USD from 78,471 backers, making it the most funded Kickstarter product of all time.

The original Pebble smartwatch, the company’s first product, was backed by 68,929 for a total pledge amount of $10,266,845 USD.

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Pebble’s founder, Eric Migicovsky, was not only born in Vancouver, but he also graduated from the University of Waterloo systems design engineering program. Migicovsky first founded Allerta, which created a watch for Blackberry devices. He then went on to start Pebble, which in 2013 raised over $26 million in funding from various investors, including Charles River Ventures. The company also has an office in Waterloo, Ontario.

The Pebble Core is expected to be available January 2017 and costs $84 CAD. The Pebble Time 2 is $184 CAD expected to ship to backers November 2016, and the Pebble 2 costs $114 CAD with a ship date set for September 2016 (prices will change based on the fluctuating Canadian dollar).

Related reading: Pebble launches Kickstarter for Pebble Time 2, Pebble 2 and Pebble Core

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