Qualcomm, Telefonica, Twitter invest in Cyanogen

News Wireless Global 23 MAR 2015
Qualcomm, Telefonica, Twitter invest in Cyanogen
Cyanogen, the maker of an alternative Android operating system, has raised USD 80 million in series C financing. The fresh cash will help the US-based company hire more staff and accelerate development of its mobile OS. 

The financing was led by Premji Invest and includes participation from new strategic investors Twitter Ventures, Qualcomm, Spanish operator Telefonica, Indonesia's Smartfren Telecom, Index Ventures, Access Industries, Rupert Murdoch, Vivi Nevo and several yet to be announced partners. Existing investors Benchmark, Andreessen Horowitz, Redpoint Ventures, and Tencent also participated. 

To date, Cyanogen has raised a total USD 110 million in funding. In addition to its commercial product Cyanogen OS, the company runs the open-source project CyanogenMod.

Categories:

Mobile

Companies:

Qualcomm,  Tencent,  Twitter,  SmartFren,  Telefonica

Regions:

Global

Tags:

IT - applications, Handsets, Financial funding

Related Articles

GLOBAL 27 DEC 2016

Cyanogen halts support for OS software

Mobile software developer Cyanogen announced that it's shut down its services and left further development of the CyanogenMod system to the open-source community. In a brief statement on its website, the company said that "as part of the ongoing consolidation of Cyanogen, all services and Cyanogen-supported nightly builds will be discontinued no later than 12/31/16". The open source project and source code will remain available for anyone who wants to build CyanogenMod personally, it added. The CyangoenMod

GLOBAL 25 JUL 2016

Cyanogen cuts staff, denies plans for new strategy

Mobile software developer Cyanogen is reportedly laying off a significant portion of its staff, including several employees working on its Android fork CyanogenMod. According to a report from Android Police, around 30 of the 136 people Cyanogen employees have been let go. Several sources said that the company plans to undergo a major strategic shift, with one claiming that this involves a shift to apps. Re/code also confirmed the cuts and said newly hired Chief Operating Officer Lior Tal, who joined the com

GLOBAL 22 FEB 2016

Cyanogen launches MOD app integration platform

Cyanogen has announced at Mobile World Congress the launch of a new mobile platform designed to further open up the Cyanogen OS Android framework to third party apps. The new platform – dubbed Cyaonogen MOD – will enable deeper integration into the mobile operating system of apps and services that were previously isolated. The company said it will provide platform APIs to help developers implement "unique experiences" directly within Cyanogen OS. The company's partnership with Microsoft has resulted in the

EUROPE 12 NOV 2015

BQ, Telefonica launch Cyanogen-powered smartphone

Spanish handset manufacturer BQ has teamed up with Telefonica to announce the first smartphone with the alternative Android-based OS from Cyanogen to be launched by an operator in Europe. The Aquaris X5 is now available in Spain and will arrive in Germany and the UK in the coming weeks. The Cyanogen 12.1-powered smartphone comes with a 5-inch display, 4G connectivity, a Qualcomm Snapdragon 412 processor, 2 GB RAM and 16 GB of expandable internal memory. It also features a 13-megapixel main camera, 5-megapix

GLOBAL 25 AUG 2015

WileyFox launches with new Cyanogen smartphones

A new maker of smartphones running the Android alternative OS from Cyanogen has launched in London. The company WileyFox is starting out with two smartphones, the Swift and the Storm, which are expected to start shipping from next month. WileyFox promises "unrivalled customisation" thanks to the Cyanogen 12.1 OS and the ability to change even the pre-installed apps on the phone and "unrivalled privacy and security" with features such as PIN codes for individual apps, the Truecaller Integrated Dialler and ex

GLOBAL 11 AUG 2015

Cyanogenmod passes 50 mln users

The Android software Cyanogenmod has reached over 50 million users worldwide, the company Cyanogen announced on Instagram. That's up from around 10 million a year ago. Cyanogenmod is one of the most popular custom roms for Android mobile devices. This has helped Cyanogen attract investments from the likes of Telefonica, Qualcomm, Twitter and Foxconn, to help further develop its mobile software.  

GLOBAL 9 JUL 2015

Cyanogen hires two key engineering executives

Cyanogen brought on Amazon engineering leader Stephen Lawler as senior vice president of Engineering and Qualcomm Android engineering lead Karthick Iyer as vice president of Global Systems. With offices in Palo Alto, Seattle and Lisbon, the company's expansion plans include opening offices in China, India and Europe. 

GLOBAL 13 MAY 2015

Foxconn invests in Cyanogen

Cyanogen announced a strategic investment from manufacturer Foxconn and closing of its series C round of funding. The company said the investment from Foxconn and others will help it advance commercial adoption of the Cyanogen open operating system for smartphones. To date, Cyanogen has raised a total USD 110 million in funding. It earlier announced USD 80 million in series C financing from investors including Qualcomm, Telefonica and Twitter. 

GLOBAL 16 APR 2015

Cyanogen to integrate Microsoft services in OS

Cyanogen announced a partnership to integrate popular Microsoft services in its Cyanogen mobile operating system. Under the partnership, Cyanogen will integrate and distribute Microsoft's consumer apps and services, including productivity, messaging, utilities and cloud-based services. As part of this collaboration, Microsoft will create native integrations on Cyanogen OS. The agreement covers Microsoft services such as Bing, Skype, OneDrive, OneNote, Outlook and Microsoft Office. Earlier this year Microsof

GLOBAL 26 MAR 2015

Twitter launches livestreaming video app Periscope

Twitter has officially launched its livestreaming video app, Periscope, reported Re/code. The video app has been in beta since the company acquired it in January, reportedly for USD 100 million. 

UNITED STATES 25 MAR 2015

AMC Health, Qualcomm to enhance patient care connectivity

Qualcomm Life, a subsidiary of Qualcomm Incorporated, and AMC Health, a privately held provider of real-time patient management services, has announced a collaborative effort to accelerate the transformation of chronic care and population health management by significantly enhancing connectivity and care coordination for at-risk patients, specifically those with heart failure, hypertension, diabetes, asthma or COPD. The companies will integrate Qualcomm Life's 2net Connectivity Platform with AMC Health's Ca

GLOBAL 23 MAR 2015

Twitter: overnamekandidaat vs. autonoom groeien

Bij de laatste kwartaalresultaten bleek dat de omzet van Twitter bijna verdubbeld was tot 479 miljoen US dollar. De advertentieomzet bepaalde 90 procent van de omzet, de rest is afkomstig van data licensing (en 'overige'). Het aantal actieve gebruikers was met 20 procent gegroeid tot 288 miljoen. In financieel opzicht was de gang van zaken beter dan verwacht, maar operationeel viel het tegen omdat de groei van het aantal gebruikers nog maar 20 procent bedraagt (en al langer tegenvalt). De beurs reageerde me

UNITED STATES 16 MAR 2015

Cyanogen looking to raise USD 100 mln, without Microsoft

US mobile phone open source firmware startup Cyanogen could soon raise USD 100 million in a new financing round, Bloomberg reported, citing sources with knowledge of the matter. The sources, who wished to remain anonymous, said the company wanted to get its version of Android software into more smartphones. PremjiInvest, the investment vehicle of Wipro chairman Azim Premji, will be among the investors, the anonymous sources said. Microsoft will not take part, although it may still be interested in a commerc

GLOBAL 2 MAR 2015

Qualcomm to offer Cyanogen software with reference design

Cyanogen announced an agreement with Qualcomm to provide support for its operating system software on certain Qualcomm Snapdragon processors for Android devices. This will be available with the release of the latest Qualcomm Reference Design in April. Makers of devices with Android 5.0 will have access to a new Cyanogen launcher and personal information management apps across dialer, messaging, contacts and calendar. The features and UI enhancements will be available from Cyanogen for Qualcomm Snapdragon p

GLOBAL 30 JAN 2015

Microsoft to invest in Cyanogen - report

Microsoft is investing in Android developer Cyanogen, people familiar with the matter told the Wall Street Journal. Microsoft would be a minority investor in a roughly USD 70 million round of equity financing that values Cyanogen in the high hundreds of millions, one of the people said. The financing round could grow with other strategic investors that have expressed interest in Cyanogen, the report said. Microsoft and Cyanogen declined to comment. Cyanogen offers an alternate version of the Android mobile

Just In

19 DEC 16:42

SLT-Mobitel launches 5G network in Sri Lanka

19 DEC 16:19

Dialog Axiata launches 5G network, connects 1.5 million subscribers

19 DEC 15:56

UK govt to ban AI-enabled nudification apps to protect women, girls

19 DEC 15:42

3 UK launches last-minute Christmas sale

Commentary

13:56

Video market set for slower growth ahead

11:38

Netflix buys Warner Bros to deepen content catalogue

11:11

KPN's mixed performance in Q3 raises questions for strategy day

15:26

Stock markets breaking records but what happened to Odido's IPO plans?

Background

01:04

The week in telecom: Wi-Fi bolt-ons take off to boost broadband growth, video market works on consolidation

01:39

The week in telecom: Netflix wins bidding for Warner Bros, Apple poaches new execs, Samsung debuts trifold

13:51

Proximus vs. Telenet: Proximus performs better in Q3 while Telenet uses up cash

14:16

Proximus Domestic still struggling with low margins

Complete profile

Before downloading the whitepaper, we would like to ask you to complete your profile with company and position. After confirming you will receive the white paper.