21.05.2015 16:46 Uhr, Quelle: iPodlounge

News: Report: Pebble facing financial struggles?

Pebble, the company behind one of the first successful smartwatches, may be facing financial troubles, TechCrunch reports. Citing sources close to the company, the report notes that the company has allegedly turned to a Silicon Valley bank for a $5 million loan and $5 million line of credit, as VC firms have refused requests for new capital infusions. At this point, Pebble has 150 employees and continues hiring. However, even with the $18 million…

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