Anysphere Secures $60M Series A Funding Led by Andreessen Horowitz and Thrive Capital

Aug 9, 2024, 11:21 PM

Anysphere, a two-year-old startup developing an AI-powered coding assistant called Cursor, has successfully raised $60 million in a Series A funding round. The round was led by prominent investors including Andreessen Horowitz (a16z), Thrive Capital, and Patrick Collison, valuing the company at $400 million. Anysphere positions itself as a rival to GitHub Copilot, aiming to enhance coding efficiency with its advanced AI capabilities. This significant investment underscores the growing interest and competition in the AI-powered coding assistant market.