Connovate Technology, a Bangalore based startup, recently got one of its project Gecko backed by Apple co-founder, Steve Wozniak, reports TOI. The project aims at raising $50,000 through Indiegogo, an International crowd funding platform.
The fund raising campaign started on Sept.11, 2013 and will continue till Oct. 26, 2013. One can invest or in other words, can get an early access to the gecko device in denominations of $20, $25, $40, $75, $100 and $995.
Steve also confirmed the news in one of his tweets. As per the report, he has put in $100 into the device, and since his involvement, the number of funders have increased significantly.
At the time of writing this, the company has raised a total $15, 084 and there were 448 funders.
Gecko is a small, low powered bluetooth device, which can be connected to a smartphone. The device will thereby add on the features of gesture control and motion detection. For e.g. One can attach it to his/her bike keys and when it gets missing, Gecko can be used to find it. Also, it alerts the user when it moves out of the certain range set.
The device currently works for iOS and few android devices such as Samsung Galaxy S4 and Nexus 7.
As reported, the company has signed a contract with a Chinese manufacturer and are expected to be available from December this year.
The founders include Kiran Kumar, Rajeev M, S Varadarajan and bahubali Shete, the technical brain behind the venture.
Indiegogo, founded in 2008 is headquartered in San Francisco, with offices in Los Angeles and New York. It is a free to join crowdfunding platform. However, there is a fee on any money that is raised, which is 4% of the money raise if startup meet its goal or 9% if it does not meet the goal.
To contact author, email at firstname.lastname@example.org