Call it too ambitious, ahead of its time, or just plain not a very good idea - it doesn't really matter at this point: former Canonical CEO Mark Shuttleworth's Ubuntu-powered smartphone crowdfunding campaign has all but fizzled at this point.

While the campaign achieved over 10% of its total funding goal in the first 24 hours of the campaign - a whopping $3.4 million, setting an Indiegogo record - progress slowed quickly as the week went on. After around 3 days, that number was just above $4 million, and as of this writing eight full days into the campaign, the figure sits at $7.4 million with 22 days remaining.

Read More