Ubuntu Edge ‘hybrid smartphone’ fails to reach crowd-funding target

Aug 23, 2013 | Mobile

Canonical, the team behind the Ubuntu Edge ‘hybrid smartphone’ project, has failed to reach its crowd-funding target, despite reaching a record-breaking $12.8m from online investors. The final donation ticker on its Indiegogo page showed that the organisation fell more than $19 million short of its ambitious $32 million target. Since it missed its pre-agreed target, […]

Canonical, the team behind the Ubuntu Edge ‘hybrid smartphone’ project, has failed to reach its crowd-funding target, despite reaching a record-breaking $12.8m from online investors.


ubantu%20edge.jpg
The final donation ticker on its Indiegogo page showed that the organisation fell more than $19 million short of its ambitious $32 million target.
Since it missed its pre-agreed target, the 27,488 donors will not be charged for their pledges and the project will end with zero.
The funds were raised primarily from consumers, apart from a corporate donation from Bloomberg.
The Ubuntu Edge was pitched as a ‘hybid’ smartphone priced at $695. Featuring 128GB of internal storage, dual-LTE receivers and 4GB of RAM, it would give users the option to dual-boot both Android and the Ubuntu mobile/desktop operating systems.
Watch a promo video for the Ununtu Edge here

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