CyanogenMod, Inc.

CyanogenMod has come a long way since the project started. I remember seeing the beginnings in the G1 threads over at XDA, and have watched the project grow and grow. Today, founder Steve Kondik has announced that they are officially a start-up on the company's website. But not everything will change — Kondik makes it clear that CM will always be about the users.

In all that chaos there have been projects that do it ‘right’, simultaneously supporting the company and the community—this is where CM will go. Our community is our biggest asset. With any change in structure like this, questions about motives and reason are going to need answered. The new products we have created should give you an idea about our motivation, and where we are going.

The new start-up has received over $7 million in funding led by Benchmark Capital — a name familiar to fans of RedHat and others. In a quote given to the Verge, Kondik and CEO Kirt McMaster say they have many ideas to pull a profit to keep things afloat. 

We've already seen some of the fruits of their new labors. The foray into things like remote device management and secure communications will differentiate them from the rest of the pack, and with an open philosophy, they will not only continue to garner attention from folks who like to root and hack at their Android devices, but draw other commercial interests as well.

The new company has offices in Palo Alto and Seattle, and the double-digit-member staff is already hard at work with new ideas and projects to make CM better. They've shown off the upcoming CM Installer, which will be on Google Play in the coming weeks. Some sample screenshots are after the break. In addition, the team will be doing an AMA on Reddit this afternoon to answer the questions we're all bound to have.

We expect big things from CM, Inc. I'm sure we'll see them. We all wish them nothing but luck, and look forward to seeing what's next.

Source: CyanogenMod