An ambitious crowd funded campaign to create a smartphone which transforms into a PC is running aground, nearly $20 million below its target.
The Ubuntu Edge has raised $11.3 million at the time of publication, which is very impressive for crowdfunding - but it still has $22 million to go. The money has been raised on Indiegogo, and the money will only go into the Edge if it reaches its goal. There are just days left.
All this suggests that there is a limit to the amount of cash you can raise on crowdfunding sites. The previous record holder, smartwatch maker Pebble, topped out at $10.3 million on Kickstarter.
The idea of a superphone was rather nice. It would run both Ubuntu mobile OS and Android, and convert into a desktop PC via a monitor.
However, according to All things Digital, it does not appear that Canonical actually expected to reach its goal.
Canonical founder Mark Shuttleworth went on record as saying he was surprised at the level of interest. He indicated that it was possible that the campaign would be extended, or that large manufacturers might help.