Latest News

September 19, 2013

CyanogenMod gets $7m Investment

cyanogen

*CyanogenMod (CM) has raised $7m (£4.3m) to turn the company from a fun project for the coders into a paid vocation. Installed on over 7 million devices worldwide it has gain a reputation of being the number one alternative OS on Android devices.

The company will be based in Seattle with technology chief Steve Kondik who, (spent a few months employed by Samsung), did most of the earlier work on (CM).

Steve Kondik has reportedly said that the first job is to design a universal installer to make the job of replacing the current OS with (CM).

The overall goal of (CM) was as Steve said on the (CM) blog page:

“We think that the time has come for your mobile device to truly be yours again, and we want to bring that idea to everybody, actually designed by and for the people who use it”.

Mitch Lasky,  a venture capitalist who helped raise the capital said:

“Android’s growth was opening up opportunities for companies such as Cyanogen that could improve on the experience provided to users by Google, handset makers and operators. The fact that more than half of all Android owners ran an old version of the operating system showed there was room to improve that experience. We believe that CM is poised to become one of the largest mobile operating systems in the world,”

*CyanogenMod (CM) lusers users change the official version of Android for one that gives them more control over their phone or tablet.

 CyanogenMod Blog 

 

To get all the latest phone reviews, news and features beamed straight to your Android device of choice, head to the Google Play store and download the free BeginnerTech Android app today, by click our icon below. To use the QR code you will need a Barcode scanner, app from the play store, then click the QR code. Or you can you can add us to your circle on Google+, follow us on Twitter or, like us on Facebook. Download our app for the latest news.
BT_BODY_80x80BT_QRcodeBT_facebook_logoBT_G+_logoBT_Twitter_Logo

Be Sociable, Share!

The following two tabs change content below.

avatar

Dave Thornton

Senior Editor

Senior Editor
Been involved in technology for many years, more than I care to remember. Live in Dundee, Scotland. I like Android, Windows Phone OS, BlackBerry OS and iOS, and love writing about all things techie. Currently have a Honor 6+, Elephone P6000, Nexus 5, Chrombook C720, HTC One M7, Nokia Lumina 625, Microsoft Lumia 435, Blackberry Q10, HTC Hero and iPad mini