Thursday, December 19, 2013

Hot mod: Cyanogen raises another $23 million to become the next big version of Android


The effort to turn CyanogenMod into the next big mobile operating system just got a big new vote of confidence. The company announced today that it has raised an additional $23 million, led by Andreessen Horowitz, to add staff and improve its distribution around the world. The series B round, which comes on top of $7 million that the company closed in April, shows that investors are betting the world is clamoring for a different take on Android. “Mobile has really just begun,” says Kirt McMaster, Cyanogen’s CEO. “Apple, Google, and Samsung have not won. Although it seems like they’ve won, it’s still early days.”


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Source: The Verge - All Posts http://www.theverge.com/2013/12/19/5227686/hot-mod-cyanogen-raises-another-23-million-to-become-the-next-big-version-of-android

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