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Cyanogen raises another $80 million in its fight against Android

Written by Andre Yoskowitz @ 23 Mar 2015 11:00 User comments (6)

Cyanogen raises another $80 million in its fight against Android

Cyanogen, the mobile operating system startup looking to take down Google has raised another $80 million from venture capitalists.
The company says it will use the funds to hire developers and to "accelerate the development" of its open OS platform.

"We're committed to creating an open computing platform that fundamentally empowers the entire mobile ecosystem from developers to hardware makers, and most importantly, consumers around the world," said Kirt McMaster, CEO of Cyanogen Inc. "We're excited to have the backing of an amazingly diverse group of strategic investors who are supporting us in building a truly open Android."

"We invested in Cyanogen because we're big proponents of what they're doing in opening up Android and supporting global and local ecosystem players,"
said Sandesh Patnam, Technology Sector Lead of Premji Invest. "Cyanogen is well positioned to become the 3rd leading mobile OS, and we're excited to back them in growing their business on a global scale."



With the new funding, Cyanogen has now raised $110 million.

Source:
Cyanogen

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6 user comments

124.3.2015 11:44

Maybe someone can help me understand what the "fight against Android" is ? They took an open source OS and figured out how to turn it into a profit. So whats the fight about ? Don't get me wrong I am android all the way but Im lost on this one.

224.3.2015 14:42

Originally posted by bbbob:
Maybe someone can help me understand what the "fight against Android" is ? They took an open source OS and figured out how to turn it into a profit. So whats the fight about ? Don't get me wrong I am android all the way but Im lost on this one.
the title confused me as well.

324.3.2015 23:14

Cyanogen CEO has stated specifically that they want Cyanogen to kill off Android.

425.3.2015 02:56

Originally posted by DVDBack23:
Cyanogen CEO has stated specifically that they want Cyanogen to kill off Android.
so they want to kill off the very thing there entire OS is based on, that's like Linux wanting to kill off Unix.



525.3.2015 16:58

And if they accomplish that, who els gonna come along and try to kill them off.

630.3.2015 21:25

Hold on, is this about developing the existing Cyanogen mods like the one that can run on my phone? Or are they on about a "different" OS that can still run Android apps like the Blackberry OS?

PS: $110 mill is nothing to sneeze at guys. That's serious money.

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