TechFlow news, according to TechInAsia, Anysphere Inc., the developer of AI-powered code editor Cursor, is seeking to raise hundreds of millions of dollars in funding. This round could value the company close to $10 billion, a significant increase from its $2.5 billion valuation in January.
The startup has grown rapidly, achieving over $100 million in annual recurring revenue within 12 months. Anysphere has previously raised around $175 million in venture capital from investors including Andreessen Horowitz.
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