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CyanogenMod team has announced the release of version 11.0 M2, which is a monthly snapshot



From Muktware:
CyanogenMod team has announced the release of version 11.0 M2, which is a monthly snapshot. Abhisek Devkota of CyanogenMod Inc says, “CM11 M2 has been queued up for over 65 devices and our bots are hard at work compiling. We’ve been working on bugs, device bring-up, porting over features, and working on new features – all included in these builds.”

Monthly snapshots are like ‘betas’ which sit between nightlies and release candidates allowing users early access to new features and bug fixes. There are a bit more stable that daily or nightly builds which do break things too often.
  CyanogenMod 11.0 M2 release with support for 65 devices