Minneapolis’ SmartThings crowdfunds $1.2m on Kickstarter in 30 days

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SmartThingsThe SmartThings Kickstarter campaign came to a close last night with 5,694 backers pledging a cumulative $1,209,423 for the forthcoming connected device platform. That is 384% over the initial $250k target set by the Physical Graph team just one month ago.

On a blistering pace out the gate, we witnessed the evolution:

At $1.2m, SmartThings currently ranks as the #2 “most funded” Kickstarter technology campaign of all time, well ahead of similar projects like Twine and Sensordrone.  Phase two will test the teams ability to execute as they are now committed to shipping over 5,000 hub devices (not counting peripherals and other software deliverables) by the end of this year.

A SmartThings win is a win for Minnesota’s tech community at large. While their recent success puts Minneapolis on the Kickstarter map like never before, it also indirectly broadens the exposure level of constant ingenuity stemming from Minnesota’s many emerging tech entrepreneurs and their respective startups.

“Thank you so much to our backers on Kickstarter! YOU have led the way to this moment. We’re honored and thrilled,” said the team.
KC Associates

Comments

  • http://www.marketingshow.com Clay Collins

    Oh hell yeah. This is a huge win for the Minnesota Tech world. Congrats to Ben, Alex, and the entire Smart Things team.

  • http://twitter.com/Plague88 Matt Pacyga

    Nice work SmartThings!

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