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Bloomberg Announces Backing Of The Ubuntu Edge

Ubuntu

Published on 07 August 2013 05:57 PM EDT
Written by Michael Larabel in Ubuntu
16 Comments

Bloomberg LP has come forward as the only corporate backer to date of the Ubuntu Edge smart-phone project.

Canonical announced today that Bloomberg LP is the first corporate backer of the crowd-funded Ubuntu Edge project. The financial institution is pledging to buy 100 Ubuntu Edge smart-phones as part of an enterprise bundle at a cost of $80,000 USD.

While Bloomberg has committed $80,000 to the campaign, it's looking more and more unlikely each day that the Edge will reach its funding goal. There's just 14 days left of the month-long campaign to raise $32 million dollars to build this converged mobile device that supports Ubuntu Phone OS and Android. Right now they have just a little more than a quarter of the funds raised, at $8.47 million dollars -- three million of that was raised in the first day.

More details on Bloomberg's commitment and other campaign information can be found via the IndieGoGo update page.

About The Author
Michael Larabel is the principal author of Phoronix.com and founded the web-site in 2004 with a focus on enriching the Linux hardware experience and being the largest web-site devoted to Linux hardware reviews, particularly for products relevant to Linux gamers and enthusiasts but also commonly reviewing servers/workstations and embedded Linux devices. Michael has written more than 10,000 articles covering the state of Linux hardware support, Linux performance, graphics hardware drivers, and other topics. Michael is also the lead developer of the Phoronix Test Suite, Phoromatic, and OpenBenchmarking.org automated testing software. He can be followed via and or contacted via .
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