The Pebble smartwatch, a wristwatch that connects to mobile devices such as a smartphone or tablet, recently became the most-financed project in the history of Kickstarter, the crowd-sourced funding platform. As of today, the project has raised more than $10 million.

The Pebble smartwatch still has seven days to be funded. Those that are interested in backing the project have until Saturday May 19, 3:00 A.M. (GMT) to give the effort $1. All other amounts of funding have been discontinued including the amount that would earn funders one of the first watches distributed.

The Pebble smartwatch project was first posted to Kickstarter last month. The project was aiming to raise $100,000, but it quickly surpassed its goal within the first day and has continued to accrue exorbitant funding ever since. Backers were amazed at the sleek look of the watch in addition incredible functionality with Android and iOS phones. To boot, the watch is waterproof and features a special screen that allows it to be viewed even in direct sunlight.

After releasing the first batch of watches, the team behind Pebble smartwatch says it will be selling watches through an official web store. We've thought a lot about this decision, and we feel it's time, said the team on the updates section of its Kickstarter page. You, our backers, were the first group of people to believe in Pebble, and we want to return our focus to creating the most awesome watch possible for you.

The Pebble Smartwatch team will also be releasing a software development kit for those that are interested in programming new apps for the watch. Users can easily load the watch with apps wirelessly from their phone. For more information on the product, visit the official Kickstarter page.