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CyanogenMod lift up $23 million

Alternative Android nonentity Cyanogen earns one more container of money as investors state their self-assurance in its tactics.
Cyanogen and its modified edition of the Android operating system just might be onto somewhat, if Silicon Valley asset is your favored standard.
The corporation announced Thursday that it has stopped up its Series B backing with Andreessen Horowitz and Tencent, to the tune of $23 million.
The finances will be used to enlarge the present side of 25 to appoint extra engineers for almost all aspects of CyanogenMod growth: the core software, user interface and design, and product growth. The board of directors will be connected by A16Z’s Peter Levine as well.
Cyanogen didn’t right away react to a demand for remark, but the corporation has completed reports this year by initiation an installer app to make simpler switching over from essential Android; integrating encryption knowledge straight into its SMS app; and offering an app permissions-controlling characteristic that Google pulled from the typical edition of Android.

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