Cyanogene set to raise $ 110 million for its custom Android mobile OS

by bold-lichterman

Cyanogene, an American start-up specializing in mobile operating systems, could complete a funding round of $ 110 million, says Bloomberg which specifies that the operation would value the company at 500 million dollars.

The PremjiInvest fund would be one of the investors, says the American agency. Benchmark and Andreessen Horowitz had already invested in the company. Conversely, Microsoft would have decided not to participate according to Bloomberg. The Redmond firm would nevertheless consider another type of relationship with the start-up. It could be a partnership to install its software.

Founded in 2009, Cyanogene develops an Android-based mobile operating system. This leaves the possibility for mobile users to personalize their OS, in particular with a selection of themes. Its solution has recently become known thanks to OnePlus, a Chinese smartphone brand whose flagship product includes Cyanogene and which has met with some success.

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