Overview
- Coatue and Accel co-led the Series D, with participation from Thrive Capital, Andreessen Horowitz, DST, Nvidia and Google.
- Cursor reports surpassing $1 billion in annualized revenue and serving millions of developers at large enterprises.
- Composer, released in October, is intended to shoulder more of the workload now handled by models from Google, OpenAI and Anthropic.
- The round nearly triples Cursor’s June valuation of $9.9 billion and follows rapid team growth past 300 employees.
- OpenAI earlier explored acquiring Anysphere, according to reporting, reflecting intensifying competition in AI coding tools.