Ubuntu Edge Breaks Crowdfunding Record

The Indiegogo page for the Ubuntu Edge has now gathered over $10.3 million in pledges, knocking the Pebble smartwatch off its pedestal as the highest fixed crowdfunding campaign. The campaign, though, is still far off of its pace, as it needs to raise more than $20 million in six days to meet its ambitious $32 million target. It is, of course, still possible to raise that amount – it’s impossible to say what can happen in the last week – but if the present rate of growth continues $32 million is far out of range. Nonetheless, it’s an important milestone for those looking at crowdfunding as a continued form of financial growth.