Anysphere, the creator of AI coding assistant Cursor, raised $900 million at a $9.9 billion valuation, led by Thrive Capital and with the participation of other investors such as Andreessen Horowitz and Accel.
This marks Anysphere's third fundraising in less than a year, with its annualized revenue reaching over $500 million, a 60% increase from mid-April.
Cursor provides tiered pricing with options for individual users as well as businesses, with a $20 Pro offering and a $40 monthly business subscription.
Anysphere is now focusing on enterprise licenses in addition to individual user subscriptions and declined offers from potential buyers earlier this year, including OpenAI.