Cyanogen Obtains $22,000,000 Series B Round

  • Feed Type
  • Date
    12/19/2013
  • Company Name
    Cyanogen
  • Mailing Address
    542 1st Ave S Seattle, WA 98104
  • Company Description
    CyanogenMod (pronounced sigh-AN-oh-jen-mod), is a customized, aftermarket firmware distribution for several Android devices. Based on the Android Open Source Project, CyanogenMod is designed to increase performance and reliability over Android-based ROMs released by vendors and carriers such as Google, T-Mobile, HTC, etc.
  • Website
    http://www.cyanogenmod.org
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $22,000,000
  • Transaction Round
    Series B
  • Proceeds Purposes
    Cyanogen plans to expand pretty dramatically, opening a small office in Shenzhen, China and hiring an additional 50 team members over the next several months, which will more than double the size of the company.
  • M&A Terms
  • Venture Investor
    Andreessen Horowitz
  • Venture Investor
    Undisclosed