Cyanogen Completes $80M Series C Financing

cyanogen_logoCyanogen Inc., a Palo Alto, CA- and Seattle-WA-based mobile operating system platform, completed an $80m Series C financing.

The round was led by Premji Invest with participation from new strategic investors Twitter Ventures, Qualcomm Incorporated, Telefónica Ventures, Smartfren Telecom, Index Ventures, Access Industries, Rupert Murdoch, Vivi Nevo, and others as well as existing investors Benchmark, Andreessen Horowitz, Redpoint Ventures, and Tencent Holdings Ltd.

The company intends to use the funds to hire new people and accelerate the development of its open OS platform.

Led by Kirt McMaster, CEO, Cyanogen provides people with Cyanogen OS, an operating system platform to customize their mobile device and content experiences, and operates CyanogenMod, an open-source project.
To date, the company has received a total of $110m in funding.

FinSMEs

23/03/2015

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