- Oct 6, 2011
- Reaction score
Cyanogen just announced they have received another $80 million in funding from big companies like Twitter, Qualcomm, Telefonica, Ventures, and Rupert Murdoch, plus some other "not yet announced partners." This brings the companies value up to nearly $1Billion. This company has come a long way from its humble beginnings as a Kang of the Jesus Freke Rom.
With the money Cyanogen looks to make Android more open than ever. They plan on making developing easier by breaking down barriers that currently exist. The partners are interested in what is being done by Cyanogen to open source for the benefit of both the consumer and service providers. CEO Kirt McMaster said some pretty delusional things during the interview like "Google is a common enemy", and "We are putting a bullet in Google's head"! Not sure why all the mean spirited hatred. There would be no Cyanogen without Google. There are all kinds of money making plans like licensing and integrating CM into apps. CM is even looking to take the place of Google services like Gmail, talk, and so forth and so on. This company doesn't have high asperations nor unrealistic expectations do they?