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Cyanogen secures $23 million in funding, this is just the beginning

Cyanogen Inc. secures $23 million through Series B funding, will launch a mass consumer brand and service in late-2014, or early-2015.

@anthony256
Anthony Garreffa
Published Fri, Dec 20 2013 3:36 AM CST   |   Updated Sat, Aug 8 2020 10:29 AM CDT

Cyanogen Inc. secured $7 million in Series A funding a few months ago, but Series B funding has come and gone, with $23 million being secured. The Series B funding was led by Andreessen Horowitz, the same company that is working closely with Oculus VR and its latest Series B funding round.

Cyanogen secures $23 million in funding, this is just the beginning | TweakTown.com

One of the interesting points to take away from this is that Cyanogen Inc. is planning to launch a mass consumer brand or service late next year, or early 2015. We should hear more about the hardware side of things in the coming weeks and months, with the first CyanogenMod-powered smartphone, the CyanogenMod Edition of the Oppo N1 available.

NEWS SOURCE:gigaom.com

Anthony is a long time PC enthusiast with a passion of hate for games built around consoles. FPS gaming since the pre-Quake days, where you were insulted if you used a mouse to aim, he has been addicted to gaming and hardware ever since. Working in IT retail for 10 years gave him great experience with custom-built PCs. His addiction to GPU tech is unwavering.

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