Alternative Android upstart Cyanogen earns another bucket of cash as investors express their confidence in its plans. December 19, 2013 5:19 PM PST The start screen of the CyanogenMod Installer app. (Credit: CyanogenMod) Cyanogen and its customized version of the Android operating system just might be on to something, if Silicon Valley investment is your prefered benchmark. Related stories: Why Android won't be getting App Ops anytime soon Nightly CyanogenMod tightens SMS security Oppo sets N1 swivel-cam Android phone price at $599 Google ejects CyanogenMod installer, citing warranty worries CyanogenMod Installer now in Google Play store The company announced on Thursday that it has closed its Series B funding at Andreesen Horowitz and Tencent, to the tune of $23 million. The funds will be used to expand the current team of 25 to hire more engineers for nearly all aspects of CyanogenMod development: the core software, user interface and design, and product development. The board of directors will be joined by A16Z's Peter Levine, as well. Cyanogen didn't immediately respond to a request to comment, but the company has made news this year by launching an installer app to simplify switching over from basic Android; integrating encryption technology directly into its SMS app, and offering an app permissions-controlling feature that Google pulled from the standard version of Android.
Thursday, December 19, 2013
Alternative Android upstart Cyanogen earns another bucket of cash as investors express their confidence in its plans.
December 19, 2013 5:19 PM PST
The start screen of the CyanogenMod Installer app.
(Credit: CyanogenMod)
Cyanogen and its customized version of the Android operating system just might be on to something, if Silicon Valley investment is your prefered benchmark.
Related stories:
- Why Android won't be getting App Ops anytime soon
- Nightly CyanogenMod tightens SMS security
- Oppo sets N1 swivel-cam Android phone price at $599
- Google ejects CyanogenMod installer, citing warranty worries
- CyanogenMod Installer now in Google Play store
The company announced on Thursday that it has closed its Series B funding at Andreesen Horowitz and Tencent, to the tune of $23 million. The funds will be used to expand the current team of 25 to hire more engineers for nearly all aspects of CyanogenMod development: the core software, user interface and design, and product development. The board of directors will be joined by A16Z's Peter Levine, as well.
Cyanogen didn't immediately respond to a request to comment, but the company has made news this year by launching an installer app to simplify switching over from basic Android; integrating encryption technology directly into its SMS app, and offering an app permissions-controlling feature that Google pulled from the standard version of Android.
