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Kickstarter passes $1B in pledges

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Crowdfunding website Kickstarter.com announced Monday it passed the $1 billion mark in pledges.

In total, the company says 5.7 million people have pledged money to projects posted on the site.

More than $500 million was pledged during the past 12 months, according to Fox News.

Read more from Fox News.[[In-content Ad]]

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