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
Written by: Andre Yoskowitz @ 23 Mar 2015 23:00
