International, Technology

Anysphere, a GitHub Copilot rival, has raised $60M Series A at $400M valuation from a16z, Thrive, sources say

entspos8:15 pmAugust 11, 2024 Anysphere, a two-year-old startup behind the AI-powered coding assistant Cursor, has successfully raised over $60 million in Series A financing, reaching a post-money valuation of $400 million, according to sources familiar with the deal, as reported by TechCrunch.The funding round was co-led by Andreessen Horowitz and Thrive Capital, with participation from Patrick Collison, co-founder and CEO of Stripe. While Anysphere, a16z, and Collison did not provide comments, Thrive declined to comment.Founded by MIT students Michael Truell, Sualeh A