Cyanogen Mod Raises $23 Million Funding All Set To Become Major Android Player

sfcrazy writes "The newly formed company has opened the next chapter of its history by bagging $23 million financing from A16Z (Andreessen Horowitz). CyanogenMod was recently incorporated as a company after getting Benchmark Capital and Redpoint Ventures as partners and raising $7 million in funding."

Re:Cyanogenmod,

[DavidClarkeHR]

CyanogenMod, now with advertising.

Not every giant, successful tech company that displaces competition will immediately start advertising.

Take ... uh ...

Oh, great.

[geminidomino]

So either CM goes to shit, full of advertising and scumware, like pretty much every other commercial OS, or they don't, founder, and fade away.

Either way, it was nice while it lasted, I suppose.

Re:What about contributers?

[thisisauniqueid]

PS granted, Steve is a very good hacker and a generally all-around good guy, the only thing I'm pointing out is that, at least at that point, he wasn't about the Utopian ideal of sharing around the wealth with the commoners that work in the fields. But maybe not being a communist is a good thing, or he may not have landed the most recent round of funding.

Re:Cyanogenmod,

[Bing Tsher E]

All food doesn't need to taste 'good.' All walls don't need to be frescoes painted by commissioned artists. Rinse. Repeat.