Purism Crowdfunding Launched
The first public offering on StartEngine crossed the US$ 100,000 mark within 48 hours of launch.
Investing in Purism is not only possible but, for the first few days, they'll be adding bonus incentives to do so.
Purism has joined StartEngine so that the public can invest in the company so that it can continue cultivating a movement with top-tier computers, phones, and services.
According to Purism's StartEngine page, the reasons to invest include an alternative to big tech electronics that are made in the United States and market traction.
The company has shipped tens of thousands of devices to help consumers avoid big tech lock-in. According to Purism, the company "creates an alternative technology ecosystem to compete against the dominance of the tech giants and stands out in the market by offering peer-reviewable, privacy-respecting, and security-focused products. The strong belief that technology should serve its users and not exploit them is what drives our team of experts to provide easy-to-use products that empower individuals."
The minimum investment is $500 (at $4/share) and the current stats are $202,176.56 raised, 77 investors, and a $75M valuation. The company achieved $8M in revenue for the 2022 years, showcasing solid year-over-year growth from $5M in 2021. They've grown mostly from initial crowdfunding revenue ($2.5M raised for the Librem 5 phone, over $400,000 for the Librem 13 laptop, and nearly $600,000 for the Librem 15 laptop).
Head to the Purism StartEngine page to learn more about this investment opportunity.
Subscribe to our Linux Newsletters
Find Linux and Open Source Jobs
Subscribe to our ADMIN Newsletters
Support Our Work
Linux Magazine content is made possible with support from readers like you. Please consider contributing when you’ve found an article to be beneficial.
News
-
Gnome OS Transitioning Toward a General-Purpose Distro
If you're looking for the perfectly vanilla take on the Gnome desktop, Gnome OS might be for you.
-
Fedora 41 Released with New Features
If you're a Fedora fan or just looking for a Linux distribution to help you migrate from Windows, Fedora 41 might be just the ticket.
-
AlmaLinux OS Kitten 10 Gives Power Users a Sneak Preview
If you're looking to kick the tires of AlmaLinux's upstream version, the developers have a purrfect solution.
-
Gnome 47.1 Released with a Few Fixes
The latest release of the Gnome desktop is all about fixing a few nagging issues and not about bringing new features into the mix.
-
System76 Unveils an Ampere-Powered Thelio Desktop
If you're looking for a new desktop system for developing autonomous driving and software-defined vehicle solutions. System76 has you covered.
-
VirtualBox 7.1.4 Includes Initial Support for Linux kernel 6.12
The latest version of VirtualBox has arrived and it not only adds initial support for kernel 6.12 but another feature that will make using the virtual machine tool much easier.
-
New Slimbook EVO with Raw AMD Ryzen Power
If you're looking for serious power in a 14" ultrabook that is powered by Linux, Slimbook has just the thing for you.
-
The Gnome Foundation Struggling to Stay Afloat
The foundation behind the Gnome desktop environment is having to go through some serious belt-tightening due to continued financial problems.
-
Thousands of Linux Servers Infected with Stealth Malware Since 2021
Perfctl is capable of remaining undetected, which makes it dangerous and hard to mitigate.
-
Halcyon Creates Anti-Ransomware Protection for Linux
As more Linux systems are targeted by ransomware, Halcyon is stepping up its protection.