Pebble Gains $15 Million in New Funding

Posted by at 12:34 pm on May 16, 2013


Pebble, the smartwatch that started life on Kickstarter, has received an extra $15 million in funding.  The additional funding from investors, on top of the $10.2 million received  through its Kickstarter campaign.

The Series A Funding comes from Charles River  Ventures, with the startup looking towards growing its software engineering  team  to expand Pebble’s open development platform, as well as scaling the  company to  match customer demand. Excluding the Kickstarter, this is not the  first round of  funding that the company has received, as TechCrunch reports four angel investors from Y Combinator and Draper  Fisher Jurveston provided $375 early in the product’s life.

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