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hubie writes:

Back in June Glowforge touted itself as the Next Big Thing in 3D printing after raising $9M in series A venture money. They announced a laser cutting machine marketed for the home market, which would consist of a device about the size of a laser printer that would precision cut materials such as paper and leather, and said it would cost under $2,500. At the time of their first announcement they didn't look like they had anything more than an idea and a good sales pitch, but they've now announced that they've raised $28M in crowdsource money, which works out to something like 6000 units. They said they will start sending them out in December.

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