Eve, which makes AI tools for law firms, raised a $47M Series A led by a16z, and says its revenue has grown by 5x over the past eight months (@agarfinks / Fortune) https://t.co/yr9N3avbPF https://t.co/4fxLO0ji4q https://t.co/kPuLvuGIUv
Claude is such an incredible tool.
Agentic Cursor is 🔥 @cursor_ai strikes back. https://t.co/Q6YIcc4bwH
Anysphere, a startup specializing in AI-powered coding software, has raised $105 million in a funding round led by Thrive Capital, Andreessen Horowitz, and Benchmark. The funding values the company at $2.5 billion, marking a sixfold increase from its previous valuation in May. Anysphere's flagship product, Cursor, uses artificial intelligence to assist programmers with code completion, predictive coding, and autonomous coding tasks. The tool has seen widespread adoption among developers, contributing to the company’s $100 million in annual recurring revenue. Anysphere recently acquired competitor Supermaven in November, further consolidating its position in the market. The funding highlights growing investor interest in AI-powered development tools, with AI deals accounting for over 35% of venture capital investments last year. Anysphere’s CEO, Michael Truell, noted that the company turned down higher offers, signaling strong confidence in its trajectory. The funds will be used to enhance Cursor’s capabilities and expand its market presence in the competitive landscape, which includes GitHub's Copilot and startups like Codeium.
