Thursday, August 8, 2013

Ubuntu Edge Gets Its First Major Corporate Backer In Bloomberg, But Funding Still Off Needed Pace (

The Ubuntu Edge is an audacious attempt to crowdsource the next smartphone advancement. Canonical, the company behind the Edge and Ubuntu itself is seeking an exorbitant $32 million to make it happen, and gave itself only a month to raise those funds. Now, Bloomberg LP has come forward as its first major corporate backer, with a lump $80,000 contribution in exchange for 100 Ubuntu Edge devices and enterprise workshops and technical support.

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