$7M Funding Means All Systems Go for Cyanogen

The Cyanogen free and open source Android firmware project on Wednesday announced that it had received $7 million in a Series A round of funding in April. The investment came from Benchmark Capital and Redpoint Ventures. “What will change is our capabilities, our speed, and our size,” wrote Cyanogen founder Steve Kondik. “I am not going to let anyone stagnate.” The company’s main thrust now is to simplify what Kondik described as the “hideous” installation process.



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