Feeds

ROBOCOP statue, Minecraft film, revived Sinclair ZX Spectrum...

Cool stuff crowd-funder Kickstarter cash tops 1 BEEELLION dollars

New hybrid storage solutions

Crowd-funding broker Kickstarter has surpassed the $1bn mark for funding on its projects, which include a RoboCop which just stands there in the cash-strapped Michigan city of Detroit and a calendar featuring cats dressed up as magical creatures.

The company on Monday said that its projects have amassed more than billion dollars, with more than half of those funds flooding into the company over the last 12 months. The $1bn threshold was surpassed at 4:03 AM EST on Monday morning.

According to Kickstarter, the funds to drive its projects have been donated by more than 5.7 million unique users across all seven continents (Kickstarter says that 11 donations totaling $3,707 came from Antarctica.) Total projects on the site start at more than 57,100 and the service has taken in more than 13.7 million total pledges.

"Congrats and thanks to our community, our friends, our families, and to the whole entire internet for making this possible," Kickstarter co-founder Yancey Strickler said in a blog post announcing the milestone.

"You guys are the best."

According to Kickstarter's records, the US is by and large the top source of funds. The $663,316,496 pledged by the 7.75 million American backers accounts for more than half of Kickstarter's intake of funds. The UK was second amongst all countries, as Brits chipped in $54.5m in funds from 319,497 backers. Canada, Australia and Germany rounded out the top five.

Among the projects to surface on Kickstarter include feature films, DIY crafting appliances and even remakes of classic computers. Reg readers have gotten in on the funding bonanza by pitching some of their own unique inventions.

The project leaders are not the only ones who have benefited from the outpouring of funds. Kickstarter itself takes a five per cent cut out of fundraising projects, while Amazon further takes three to five per cent in credit card processing fees on campaigns which reach or surpass their funding goal.

For some users, however, pouring cash into Kickstarter projects has brought a bit more than was bargained for. Last month, the company fell victim to a data breach which resulted in the loss of user account details. No credit card details were believed to have been lost in that attack. ®

New hybrid storage solutions

More from The Register

next story
Phones 4u slips into administration after EE cuts ties with Brit mobe retailer
More than 5,500 jobs could be axed if rescue mission fails
Apple CEO Tim Cook: TV is TERRIBLE and stuck in the 1970s
The iKing thinks telly is far too fiddly and ugly – basically, iTunes
Huawei ditches new Windows Phone mobe plans, blames poor sales
Giganto mobe firm slams door shut on Microsoft. OH DEAR
Phones 4u website DIES as wounded mobe retailer struggles to stay above water
Founder blames 'ruthless network partners' for implosion
Apple Pay is a tidy payday for Apple with 0.15% cut, sources say
Cupertino slurps 15 cents from every $100 purchase
Forget silly privacy worries - help biometrics firms make MILLIONS
Beancounter reckons dabs-scanning tech is the next big moneypit
Microsoft's Office Delve wants work to be more like being on Facebook
Office Graph, social features for Office 365 going public
prev story

Whitepapers

Providing a secure and efficient Helpdesk
A single remote control platform for user support is be key to providing an efficient helpdesk. Retain full control over the way in which screen and keystroke data is transmitted.
Top 5 reasons to deploy VMware with Tegile
Data demand and the rise of virtualization is challenging IT teams to deliver storage performance, scalability and capacity that can keep up, while maximizing efficiency.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.
Secure remote control for conventional and virtual desktops
Balancing user privacy and privileged access, in accordance with compliance frameworks and legislation. Evaluating any potential remote control choice.