US EditionTemporal Technologies raises $146 million at $1.7 billion valuation
- Temporal Technologies, a Seattle-based inventor of the open-source durable execution platform Temporal.io, raised $146 million in funding led by Tiger Global, valuing the company at $1.72 billion.
- Founded in 2019 by Abbas and Maxim Fateev, who previously developed Cadence at Uber, Temporal addresses the need for better microservices management, guaranteeing execution of complex workflows despite system failures.
- The funding round included participation from StepStone Group, Amplify Partners, Index Ventures, MongoDB Ventures, Sequoia Capital, Conversion Capital, and Hanwha Next Generation Opportunity Fund, bringing Temporal's total funding to $350 million.
- Temporal intends to use the new capital to accelerate product development for Temporal Cloud, its enterprise-grade managed service adopted by over 2,500 customers, and expand into AI use cases.
- With a 600 percent growth in developer adoption in the past 18 months and 183,000 active users on its open-source platform, Temporal has recently appointed Jim Cyb as President and Sahir Azam as an independent board member to further its go-to-market efforts.
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Temporal Technologies raises $146 million at $1.7 billion valuation
Temporal Technologies said on Monday it has raised $146 million in a fresh funding round led by investment firm Tiger Global, valuing the software firm at $1.72 billion.The new capital will go into product development for Temporal Cloud and the company said it will continue to invest in research and developme
Temporal raises $146M for its application reliability platform - SiliconANGLE
Temporal Technologies Inc., a startup that helps developers protect their applications from outages, has raised $146 million in funding at a $1.72 billion valuation. The Series C investment was announced today. Tiger Global led the round with participation from Index Ventures, Sequoia Capital, MongoDB Ventures and other institutional backers. Temporal’s total outside funding now stands […] The post Temporal raises $146M for its application relia…
Temporal Technologies Secures $146M at $1.72B Valuation to Fuel Durable, Production Agentic Workloads Globally
Temporal has been adopted by hundreds of thousands of global developers to deliver durable, resilient applications, including thousands of independent AI projects and major AI labs SEATTLE--(BUSINESS WIRE)--Temporal Technologies, the inventors of open... L'articolo Temporal Technologies Secures $146M at $1.72B Valuation to Fuel Durable, Production Agentic Workloads Globally è un contenuto originale di 01net.
Temporal Technologies Raises $146M at $1.72B Valuation
Temporal Technologies, a Seattle, WA-based inventor of open-source durable execution platforms Temporal.io and Temporal Cloud, raised $146M in funding, at $1.72 Billion valuation. The round was led by Tiger Global with participation from StepStone Group, Amplify Partners, Index Ventures, MongoDB Ventures, Sequoia Capital, Conversion Capital, Hanwha Next Generation Opportunity Fund, and 137 Ventures. The company […] The post Temporal Technologies…
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