Back in September, the CyanogenMod team announced they would be going commercial and forming a new company called Cyanogen Inc. At the time they had secured $7 million during their “series A” funding, which has allowed them to move forward with quite a few projects including the CM installer, WhisperPush and the CyanogenMod account.
Cyanogen Inc has announced that they have completed their series B funding round and managed to secure an additional $22 million in funding!
Now in an effort to continue pushing forward, Cyanogen Inc has announced that they have completed their “series B” funding round and managed to secure an additional $22 million in funding! Most of the latest funds come from venture capital firm Andreessen Horowitz, and of course existing partners Benchmark and Redpoint.
Aside from the newly secured millions, CyanogenMod has also announced that Andreessen Horowitz’s Peter Levine is joining their board of directors and that the massive Chinese Internet giant Tencent is signing on as a strategic partner for the company.
Having Tencent on their side could be a huge deal for Cyanogen. After all, CM is already very popular in China, and teaming up with TenCent could mean it will be able to introduce better services geared towards expanding its presence in the Chinese market and competing with other big players like Xiaomi.
So what exactly can we expect from Cyanogen going forward?
According to an official blog post, the company will be using the newly secured capital to grow their engineering, UX, design and product teams in order to “continue to build the next generation of mobile experience”. The Cyanogen team also says the funding will allow them to introduce more services, apps and devices that run CM out of the box.
Even more intriguing, the team also mentions that they have begun developing a “new design language and flavor” which they plan to introduce soon!
The CyanogenMod team has begun developing a 'new design language and flavor.'
If you prefer the ‘stock’ Android look and feel, don’t panic — these changes will apparently be optional.
In Cyanogen’s own words, “We already decided early on that any design changes we make will be optional, and you can easily switch back to holoyolo. There is a *massive* themes rearchitecture under way right now.” Exactly what the new design language, themes and UI change will look remains unknown at least for now.
The big takeaway here is that Cyanogen Inc’s growth and ambitions aren’t slowing down anytime soon. What do you think of Cyanogen’s recent efforts, impressed by their commercial efforts or not?