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Pebble Reveals Pebble Time Steel And A Smartstrap System Open To Hardware Developers

Pebble announced Pebble Time last week, the next-generation version of its Pebble smartwatch, and today it's revealing another new product: Pebble Time Steel.  This is the stainless steel version of the Pebble Time …

TechCrunch Darrell Etherington

Context & Ripple Effects

The Steel lands two weeks into Pebble's push around Pebble Time, which was previewed in February as a thinner design with a revamped OS and voice recognition and built, by Pebble's own account, under looming pressure from Android Wear and Apple Watch. A stainless steel body gives that lineup a premium rung before Apple's first watch reaches market.

The more strategic half of the announcement is the Smartstrap system: Pebble is opening a hardware port on the watch itself to outside developers, and within weeks backs it with a $1 million pledge to crowdfund smartstrap development. That turns an accessory into a platform bet.

First-order effects

  • Pebble's lineup now spans price tiers — the base Pebble Time later hits Best Buy at $200 while the Steel goes up for preorder at $249 with leather or $299 with a steel band — letting it bracket buyers rather than fight one SKU war.
  • Hardware developers get an officially supported attachment point, so third parties can build physical add-ons rather than only watchapps.

Second-order effects

  • Pebble's $1 million smartstrap fund recruits accessory makers directly, shifting some of the ecosystem's build-out onto crowdfunded third parties instead of Pebble's own roadmap.
  • A $200–$299 ladder pressures Apple Watch and Android Wear entrants to justify their own pricing against a device whose value grows with each strap a developer ships.

Third-order effects

  • If the smartstrap model holds, wearables differentiate on open, expandable hardware versus closed all-in-one designs — Pebble's answer to competing with Apple's platform on anything other than app counts.
  • Retail distribution through Best Buy plus a developer hardware port moves Pebble from crowdfunded gadget maker toward a platform company, the structure its later firmware work on Health and the timeline kept serving.

The trend: As Apple Watch arrives, independent smartwatch makers like Pebble are recomposing their moat from device specs into open hardware-and-developer ecosystems.