Thursday, 22 August 2013

Ubuntu Edge Indiegogo campaign ends with over $19 million outstanding

Ubuntu Edge Indiegogo campaign closes with over $19 million in funding outstanding

When Canonical took to Indiegogo to crowdfund its Ubuntu Edge smartphone, the $32 million it sought seemed like an incredibly lofty goal. And, one that's now proven unattainable. Despite quickly selling out of the lowest pledge tier that included a handset, reducing the price of more expensive tiers, then doing the same again as the deadline loomed, the campaign has closed over $19 million shy of its goal. Still, raising just over $12.8 million is a record of sorts, depending on whether you believe a failed effort qualifies. In total, a handful of high-cost bundles were pledged for, 5,674 backers coughed up enough for a lone Edge, and many more thousands offered small sums in support -- or, some just really wanted a T-shirt. We're not convinced the journey ends here, though. After all, there's clearly some desire for the Edge. Will we see investors step in to make it happen? Or, perhaps Canonical founder Mark Shuttleworth will finally see fit to pump some of his own substantial reserves into the project.

A project update from Shuttleworth can be found at the source link. In addition to thanking backers, he says that "the support and publicity has continued to drive our discussions with some major manufacturers," adding: "Watch this space!"

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Via: Android Police

Source: Indiegogo

Source: http://www.engadget.com/2013/08/22/ubuntu-edge-indiegogo-campaign-fails/?utm_medium=feed&utm_source=Feed_Classic&utm_campaign=Engadget

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