Canonical, a UK based Software Company, which is better known to be the maker of Ubuntu, attempted a never-attempted before crowd funding feat and tried to raise a record breaking $32 million (£20.5 million) to fund a high end Smartphone which would run both Google’s Android Software and Canonical’s Ubuntu Touch mobile desktop software.
This program began 30 days ago and aimed at raising more than triple the previous record which had been set by the Pebble smartwatch.
It had managed to raise $10.2 million last year and has an advantage over Ubuntu Edge as it reached it goal, manufactured the product and shipped it too.
Despite all the hopes Mark Shuttleworth, the founder of Canonical had in this last-minute funding which would have enabled him to build 40,000 phones, the scheme ended with just under $20 million short of its desired target.
Shuttleworth said that despite of all this it has set the record for the most money raised and also for the most missed in any such campaign. He also added that this is not the end of everything.
The Ubuntu Edge would have been a top-end smartphone and would have been built on a zero-profit basis with the ability to run both Google’s Android and Canonical’s Ubuntu touch mobile desktop software.
It was seen as the device that would combine the capabilities of a smartphone and desktop PC as it could be attached to a screen and function like a complete PC.
Even though the target was very high but we cannot deny that it was necessary to fulfill the desired goal. But in the end only around 11,000 people pledged to buy a total of 17,230 phones. Only one company, Bloomberg, pledged to buy one of the 50 “enterprise” allocations of 115 phones for $80,000 – and that came on the 17th day, when independent statistical analysis had already suggested the project would fail.
Shuttleworth pledged on his page that thousands of people have pledged in Canonical’s vision and very soon the handset would be launched through manufacturers and carriers.