Smartwatch maker Pebble seems to be in some trouble. According to sources close to the company, the company is having trouble maintaining its growth and has turned to a Silicon Valley bank for a $5 million loan and $5 million line of credit. Valley VCs have been turning down the company’s requests for new capital. Pebble CEO Eric Migicovsky offered no comment. The company, which… Read More
from TechCrunch » Android http://ift.tt/1HuMzA6
via IFTTT