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Qualcomm Backs Cyanogen In $80M Round

San Diego-based Qualcomm is one of the investors in mobile operating system developer Cyanogen, as part of that company's new, $80M Series C funding. According to Cyanogen, Qualcomm joins Premji Invest, Twitter Ventures, Telefonica Ventures, Smartfren Telecom, Index Ventures, Access Industries, Rupert Murdoch, and Vivi Nevo, plus prior investors Benchmark, Andreessen Horowitz, Redpoint Ventures, and Tencent Holdings Ltd. Cyanogen is developing an open source alternative distribution to the Android operating system. More information »