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Cyanogen attracted $ 80 million investment

Cyanogen yesterday, known to many owners of smartphones on the Android OS, announced it was raising another $ 80 million financing round.
This sets a new bar in the general level of funds invested in the product - $ 110 million.

Investors in Cyanogen include PremjiInvest, Twitter, Rupert Murdoch (owner of AOL), Qualcomm, Telefonica, Index Ventures, Access Industries, as well as investors from the previous round in the person of Benchmark, Andreessen Horowitz, Redpoint Ventures and Tencent Holdings.

It is not yet known exactly what Cyanogen plans to do with the funding received, but Kirt McMaster, the CEO and co-founder of the company, had previously announced that he had received funding only from companies intending to continue further partnership with the product. Without specifying in which particular direction.

However, the Cyanogen product, which actually represents an “open” firmware for Android devices, which allows you to add features and customize the look and feel of a mobile operating system, can be claimed by a huge number of different companies. So, the Chinese startup OnePlus , which released the very popular One smartphone last year, comes with a preloaded Cyanogen on board.
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Judging by the latest data, Cyanogen intends to go beyond the "fork" of Android, providing a mobile operating system of its own design, able to compete with Android, and with iOS. McMaster's vision is the following: create an OS in which the application services layer is not tied strictly to itself.

Transferring it to the current world of Android and iOS, it can look like this so that the user can change one (any) application to another (any). Do not like Siri - use Cortana, do not like Google Play Music - install Spotify.

Now that Cyanogen has the means to realize its own ambitions, we can only wait for the results of its development.

Source: https://habr.com/ru/post/286968/


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