Niantic Labs isn’t part of Google anymore (it’s actually Niantic, Inc. as of this past summer), but it does look like Google still has a marked amount of interest in the famed Ingress maker. According to a report from TechCrunch, Niantic, Inc. is about to secure $20 million in investments from Google, Nintendo, and The Pokémon Company. This comes just a month after the group came out to announce an upcoming mobile game called Pokémon Go that ties in a real-world social aspect much like Ingress… expand full story
Funding Stories October 15, 2015
Funding Stories October 12, 2015
Reports surfaced last week suggesting that Google was in talks to invest in secure messaging startup Symphony, and a new report out Monday morning (via Re/code) suggests that the company is about to announce $100 million in funding raised in a recent round from several investors including — as was reported — the Mountain View company… expand full story
Funding Stories September 30, 2015
While Google was busy showing off its latest hardware at an event in San Francisco yesterday morning, it also quietly announced something which many will think is far more important. Yesterday, Google revealed that it has chosen its 10 finalists for its second annual Impact Challenge: Bay Area…
Funding Stories May 12, 2015
Cyanogen receives more ‘strategic investment,’ this time from Foxconn
The details are very scarce at this point, but a fresh press release this morning reveals that Cyanogen has received a “strategic investment” from Foxconn, closing out its series C round of funding. While an exact number isn’t mentioned (in fact no details are really mentioned), the release does say that Cyanogen has raised a total of $110 million in funding to date, assumably including the amount that Foxconn has invested.
Cyanogen received $70 million in an investment round in January, according to a report from The Wall Street Journal. Some amount of that was from Microsoft, another company that Cyanogen calls its partner. Kirt McMaster, Cyanogen’s CEO, was quoted as saying that the company plans to “take Android away from Google,” and apparently Foxconn—like Microsoft—will happily support this venture.