Open source Android ROM developer CyanogenMod raised $23 million in Series B financing led by Andreessen Horowitz and followed by Tencent, Benchmark Capital, and Redpoint Ventures (report in Chinese). The company announced $7 million of Series A funding four months ago.

The capital raised this time will be used in team expansion and global operation. Setting eyes on Chinese market, the company has partnered up with domestic handset manufacture OPPO to develop custom ROM and handset N1.

CyanogenMod claimed to have 11 million monthly active users, up from 8 million in this September. In addition, the firm planned to explore wearable device and vehicle –amounted system industry.

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Emma Lee

Emma Lee is Shanghai-based tech writer, covering startups and tech happenings in China and Asia in general. We are looking for stories related to tech and China. Reach her at lixin@technode.com.