A few weeks ago, Cyanogen Inc. announced a company rebranding which included the logo. The latter will be present in the boot animation of the company’s custom ROMs.
Today, Cyanogen showed a new boot animation that will be integrated with the upcoming Cyanogen OS 12. This version of Cyanogen OS is based on Android Lollipop and will include a number of new features headed by Project Volta.
Do note that this is only a promotional video and the actual Boot animation might look a bit different. We expect more changes in the final version of Cyanogen OS 12.