Cyanogen Secures Strategic Investment from Apple Supplier, Foxconn
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Mobile operating system developer Cyanogen announced that Foxconn has made an investment in the company and has closed its series C round of funding.
Notably, Foxconn has been a key supplier to Apple (Nasdaq: AAPL) in the past.
Cyanogen produces the CYANOGEN operating system, which is built on Google's (Nasdaq: GOOG)(Nasdaq: GOOGL) Android operating system.
With its press release today, Cyanogen said, To date, Cyanogen has raised a total $110 million in funding. As the third leading mobile operating system, Cyanogen is known for its commercial operating system, Cyanogen OS, and open source community distribution CyanogenMod that the company backs.
In mid-April, Cyanogen also announced inking a partnership with Microsoft Corp. (Nasdaq: MSFT) "to integrate popular Microsoft services across the Cyanogen Operating System. With offices in Palo Alto and Seattle, Cyanogen is a leading mobile operating system company that is evolving the Android platform to create a more open, level playing field for third-party developed apps and services."
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