Monday, March 23, 2015

Cyanogen Gets $80M More

Palo Alto-based Cyanogen, the developer of the open source offshoot of the Android mobile operating system, said today that it has raised $80M in a Series C financing round. The funding came from Premji Invest, Twitter Ventures, Qualcomm Incorporated, Telefonica Ventures, Smartfren Telecom, Index Ventures, Access Industries, Rupert Murdoch, and Vivi Nevo, along with Benchmark, Andreessen Horowitz, Redpoint Ventures, and Tencent Holdings Ltd. The company said it will use the funding for hiring and further development. The company has now raised $110M. More information »