The company also has plans to launch other CyanogenMod smartphone with another manufacturer, which we are expecting to hear about soon, and now they have received an additional $23 million in funding.
When CyanogenMod turned into CyanogenMod Inc back in September, the company received $7 million in series A funding, and now they have received $23 million of series B funding which was led by Andreessen Horowitz.
The company has now received a total of $30 million in funding, and they have plans for expansion, which will include hiring another 50 staff and opening a small office in Shenzen, China.
They are also looking to launch a mass consumer brand smartphone next year, which will be designed to appeal to a wider audience than just CynaogenMod fans.
Image Credit Talk Android
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