Cyanogen raises $80 from Twitter, Rupert Murdoch and others

Palo Alto, California and Seattle-based Cyanogen Inc, a mobile operating system, has closed $80 million in Series C funding. Premji Invest led the round with participation from other investors that included Twitter Ventures, Qualcomm Incorporated, Telefónica Ventures, Smartfren Telecom, Index Ventures, Access Industries, Rupert Murdoch, Benchmark, Andreessen Horowitz, Redpoint Ventures and Tencent Holdings Ltd.


peHUB First Read

First Read kicks off your morning with news of Hutchison set to reportedly buy O2 from Telefonica for $15.7 billion, Alibaba invests in Israeli venture firm JVP and Angelina Jolie reveals she had her ovaries and fallopian tubes removed.


Sigfox raises $115 mln round

Sigfox said Wednesday it secured a $115 million round of financing. Investors include Telefonica, SK Telecom, NTT DOCOMO Ventures, Elliott Management Corp. and GDF SUEZ, Air Liquide, Eutelsat. Labège, France-based Sigofx provides a cellular network dedicated to the Internet of Things.


peHUB First Read

First Read ends your week with news of Hutchison buying Telefonica’s UK unit for $15 billion, Box is set to go public today and Queen Elizabeth is now the oldest monarch after Saudi king’s death.

SingTel Pays $321M For Amobee

Singapore Telecommunications Ltd., or SingTel, said Monday that it would pay $321 million to acquire Amobee Inc., a Redwood City, Calif.-based developer of mobile advertising technology. Amobee has raised venture financing from investors including Cisco Systems, Motorola, Telefonica, Vodafone, Accel Partners, Globespan Capital Partners and Sequoia Capital. SingTel is 55% owned by Singapore sovereign investor […]

Telefónica Buys JaJah for €145 Million

Telefónica has acquired JaJah Inc., a Menlo Park, Calif.-based Internet telephone company, for €145 million in cash. JaJah had raised nearly $28 million in VC funding, from firms like Globespan Capital Partners, Intel Capital, Deutsche Telekom and Sequoia Capital.

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