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The Pebble Time Kickstarter campaign launched on Tuesday morning. Courtesy/Pebble

Pebble kicked off its Kickstarter campaign for its newest smartwatch, the Pebble Time, on Tuesday morning, and the project has already received more than $3.8 million in funding – with 31 more days to go.

The smartwatch will be available in three different colors – red, black and white. It will be compatible with 6,500+ existing Pebble apps and watchfaces and will last up to seven days.

This is the second Kickstarter campaign from Pebble, which launched its first e-paper watch crowdfunding project for iPhone and Android in May of 2012. The campaign’s goal was $100,000, but reached $10.2 million, with nearly 69,000 backers, at the time of its close.

Pebble Time will come equipped with a microphone, which will allow users to send voice replies to incoming notifications or take short voice notes. The watch is also water resistant, so users can swim, shower or surf while wearing their Pebble Time watches.

The voice feature will work with most major Andoid apps including Gmail, Facebook Messenger, Whatsapp, SMS, Hangouts and more. However, for iPhone users, voice replies are currently only available with Gmail notifications, though Pebble says it’s working to enable voice options for more apps.

The Pebble Time is 20 percent thinner than the original Pebble, and the watch will have a soft silicone band.

Users can donate $179 and receive the Pebble Time in any of the three colors. Regular retail for the Time will be $199. Pebble estimates the watches will ship in May of this year.