The Pebble is a smartwatch developed by Pebble Technology and released in 2013 that was funded by raising money via the crowd funding platform Kickstarter. After raising venture capital for the product under their former name inPulse, the company failed to attract traditional investors under their new brand name, so the company requested crowd funding in April 2012. At the end of the funding, Pebble became the second most highly crowd-funded project to date with $10,266,844 pledged by 68,928 people. In a press conference at CES 2013 on January 9, 2013, CEO Eric Migicovsky announced that the first Pebbles would ship on January 23, 2013[7] with 15,000 watches being produced and shipped every week. As of July 4th 2013, Pebble has sold over 85,000 units.
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