BREAKING: Vancouver Entrepreneur Raises $1 Million (and Counting!) from Kickstarter for Pebble Watch

He wanted $100,000 in five weeks. He got $1 million in one day.

Vancouver-born entrepreneur Eric Migicovsky has now raised a cool million (and counting) for his Silicon Valley company, Pebble Technology, and its new e-paper smartwatch for iPhones and Android smartphones, from funding site Kickstarter. Shattering the original goal number of $100,000 – which, incredibly, Pebble raised in just two hours, possibly a record – Eric’s venture has raised seven digits from 7,300 backers with 36 days still left in the funding campaign. 

“We’re absolutely blown away by your support, Kickstarter!” Pebble Technology wrote. “We just raised $500k on Kickstarter in 12 hours,” Eric tweeted yesterday. “Thank you all! If you keep backing, we’ll keep building!” 

UPDATE: “You, our backers, have transformed our little project into a worldwide phenomenon,” Eric and his team just wrote in an update on Kickstarter. “Just want to let you know that we’re laser-focused on getting this watch onto your wrist as soon as possible.”

About the Pebble watch:

Pebble is the first watch built for the 21st century. It’s infinitely customizable, with beautiful downloadable watchfaces and useful internet-connected apps.

Pebble connects to iPhone and Android smartphones using Bluetooth, alerting you with a silent vibration to incoming calls, emails and messages.

Apps bring Pebble to life. We’re building some amazing apps for Pebble. Cyclists can use Pebble as a bike computer, accessing the GPS on your smartphone to display speed, distance and pace data. Runners get a similar set of data displayed on their wrist. Use the music control app to play, pause or skip tracks on your phone with the touch of a button. We’re working with Freecaddie to create a great golf rangefinder app for Pebble that works on over 25,000 courses world-wide. View your current distance to the green right on your wrist. 

Eric was previously known for Waterloo-based startup Allerta, which made an inPulse watch for the BlackBerry platform.

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