The deal, which closed on Dec. 6, did not include Pebble's hardware products.
CEO says the layoffs are required due to 'a chilly fundraising environment' in Silicon Valley.
Pebble's first two products were blockbuster hits on Kickstarter. But with its latest product, the smartwatch maker is bypassing crowdfunding altogether.
A hands-on review of Pebble's newest watch reveals what could be a deal-breaker for some buyers.
While smartwatch sales are poised for serious growth this year, the 'key to success' hasn't been communicated to consumers yet, according to IDC.
It's the fastest-funded project and also the most funded -- by far.
The crowdfunding campaign for the new smartwatch raised more than $13.3 million, toppling the previous record set by the Coolest Cooler.
Domino's is going Jetsons chic.
In a few short hours, the new Pebble smartwatch has already raised $4.6 million and shows no sign of slowing down.
The company also is unveiling a completely refreshed operating system across its devices.
Attention Android-loving Pebble people: More nerdy smartwatch goodness is now yours.
The smartwatch company is taking several steps to make its devices more accessible to more people.