Investments, Technology

Smartwatch Pebble Time Raises $6.5M on Kickstarter in Half a Day

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On Tuesday, Pebble announced its latest smartwatch – Pebble Time on Kickstarter that has made $5 million in just half an hour from pre-orders. It now raised around $6.5 million from more than 47,000 backers. The smartwatch has a week-long battery life and features a slimmer and slicker design. Pebble Time features a new color e-paper display and microphone for responding to notifications.

The smartwatch is also water resistant and fully compatible with all 6,500+ existing Pebble apps and watchfaces. It is 20 percent thinner than the original Pebble and comes in three colors.

The others companies which also raised quick funding through Kickstarter include Ouya console ($8.5M), The Oatmeal’s Exploding Kittens card game ($8.7M), the original Pebble ($10.2M), and the Coolest cooler ($13.2M). All of those had a month-plus to earn their totals while Pebble Time has joined their rank in half a day.

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