Ina Fried

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Cyanogen Raises Another $23 Million From Tencent and Andreessen Horowitz to Help Fund a More Open Android

Cyanogen, which offers a more open version of the Android operating system, said Thursday that it had scored a further $23 million from Andreessen Horowitz, China’s Tencent and existing investors Benchmark and Redpoint.


The company said it will hire roughly 70 people, primarily in engineering and design, over the next six to eight months and open an office in Shenzen, China, to go along with existing locations in Seattle and Palo Alto. Andreessen Horowitz partner Peter Levine will join Cyanogen’s board.

Cyanogen “takes the best of what Android offers and adds innovative features to create a clean yet customizable user experience,” Levine said in a blog post, adding that it is “100% compatible with all Android applications, yet brings fabulous new capabilities to Android such as enhanced security, performance, device support, and personalization.”

The company raised $7 million in a Series A round less than four months ago.

Correction: An earlier version of this story incorrectly reported the size of the Series B funding; it is $23 million, bringing total funding to date to $30 million.

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Just as the atom bomb was the weapon that was supposed to render war obsolete, the Internet seems like capitalism’s ultimate feat of self-destructive genius, an economic doomsday device rendering it impossible for anyone to ever make a profit off anything again. It’s especially hopeless for those whose work is easily digitized and accessed free of charge.

— Author Tim Kreider on not getting paid for one’s work