+1-650-457-5617meetings@svicenter.com
+1-650-457-5617
meetings@svicenter.com

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Developer of an open source firmware distribution designed to transforming the way people move

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Cyngn

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Developer of an open source firmware distribution designed to transforming the way people move. The company's open source firmware distribution to increase performance and reliability over Android-based ROMs released by vendors and carriers, enabling users to add more features and customization to their phones.

Year Founded
2012
Employees
40
RevenueFY 2015
$10 M
General Information
  • Website

    http://cyngn.com

  • Business Status

    Generating Revenue

  • Ownership Status

    Privately Held (backing)

  • Financing Status

    Venture Capital-Backed

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Cyngn Status

The company raised $80 million of Series C venture funding in a deal led by PremjiInvest on March 23, 2015, putting the pre-money valuation at $560 million. Twitter Ventures, Qualcomm Ventures, Telef?nica Ventures, Smartfren Telecom, Santander InnoVentures, Index Ventures (UK), Access Industries, Rupert Murdoch, Vivi Nevo, Benchmark Capital, Andreessen Horowitz, Redpoint Ventures, Foxconn Technology, Tencent Industry Win-Win Fund, Salesforce Ventures, and other undisclosed investors also participated in this round. The company will use the fresh cash to hire employees and amp up development of its mobile software.

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Headquarters
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  • HQ Address Line 1
    301 High Street
  • HQ City
    Palo Alto
  • HQ State/Province
    California
  • HQ Post Code
    94301
  • HQ Country
    United States
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