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Comment on Tencent Follows $23 Million Series B Financing for Third-Party Android ROM Developer CyanogenMod by Android ROM Trend Is Back with Tencent OS Launch - TechNode
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Comments for TechNode
Open source Android ROM developer CyanogenMod raised $23 million in Series B financing led by Andreessen Horowitz and followed by Tencent, Benchmark Capital, and Redpoint Ventures (report in Chinese).
The company announced $7 million of Series A funding four months ago.
Setting eyes on Chinese market, the company has partnered up with domestic handset manufacture OPPO to develop custom ROM and handset N1.
CyanogenMod claimed to have 11 million monthly active users, up from 8 million in this September.
Liu disclosed that he planned to roll out an independent mobile brand OnePlus in May 2014 (report in Chinese).
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