Overview

• Temporal Technologies raised $146 million in a Series C funding round led by Tiger Global, maintaining a valuation of $1.72 billion.
• The funding will support AI-focused research and development, product enhancements for Temporal Cloud, and expanded sales and marketing efforts.
• The company plans to grow its workforce from 250 to over 300 employees and increase its footprint in EMEA and Asia-Pacific regions.
• Temporal's microservices orchestration platform is used by major companies like Nvidia, Netflix, Snap, and Stripe to ensure execution reliability.
• The open-source Temporal.io platform now has 183,000 active users, while its managed service, Temporal Cloud, serves 2,500 customers worldwide.