DemerBox, the Portland startup that’s taking on Bose and other giants of the audio electronics industry with its sturdy and portable boomboxes, has successfully reached its fundraising goal on the crowdfunding site Kickstarter.
The company, which I wrote about in an article published in today’s paper, met and exceeded its $60,000 fundraising goal this morning. Projects on Kickstarter only receive the pledged funds if they reach their goal.
As of 3 p.m. on Wednesday, the company had raised more than $64,000 from roughly 250 backers. It’s probable the company will raise more money as the crowdfunding campaign runs until Saturday evening (and the Grain Surfboard with embedded Bluetooth-enabled speakers is still available).
Co-founders James Demer and Jayson Lobozzo will use the funds, along with a $25,000 grant from the Maine Technology Institute, to begin manufacturing the boomboxes at their facility in Portland’s Bayside neighborhood.
For more on the company and the advent of its built-to-last, Bluetooth-enabled boomboxes, please check out my article, “Portland startup set to make waves with its rugged boombox.”
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