The K-ICT Born2Global Center announced on August 10 that Bagel Labs, a member of the center carried out crowd funding with Bagel, a smart measuring tape for 35 days from June 29 to August 3 and accomplished funding at the highest level in Korea.
The results are 4,500% of the original goal and rank with the top 0.4% in the world. The funding reached US$30,000 in 15 hours since its start and attracted funding from a total of 10,766 supporters around the world after the end of the funding.
Bagel is a measuring tape that enables its user to measure his or her body sizes and to manage and utilize data conveniently. Bagel built an online business platform by utilizing data from the use of the smart measuring tape.
On the other hand, Bagel Labs is continuing another crowd funding success at the US Crowd funding platform Indiegogo (http://igg.me/at/bagel) based on its success at Kick Starter