Sources: Cursor in talks to raise $2B+ at $50B valuation as enterprise growth surges

Sources: Cursor in talks to raise B+ at B valuation as enterprise growth surges

Sources: Cursor in talks to raise $2B+ at $50B valuation as enterprise growth surges

Admin2 months ago04 mins

AI coding startup Cursor is nearing new funding in which the four-year-old company would raise at least $2 billion in fresh capital, according to four sources familiar with the matter. Returning investors Thrive and Andreessen Horowitz are expected to lead the financing at a $50 billion valuation, prior to the new capital injection, the people…

#Benchmark, Index, others are in a wild unsolicited bidding war over Anysphere, maker of Cursor

Admin2 years ago04 mins

There isn’t a shortage of AI-powered coding assistance startups. They include Augment, Codeium, Magic, and Poolside. However, Cursor has become one of the most popular. Its developer, Anysphere, has seen its revenue grow from $4 million annualized recurring revenue (ARR) in April to $4 million a month as of last month, according to a person…