Temporal raises $550M Series E at a $12.55B valuation
Temporal, which makes a platform for running long-lived workflows and AI agents, closed a $550M Series E led by Lightspeed, one of the largest developer-infrastructure rounds of the year.
Temporal, which makes a platform for running long-lived workflows and AI agents, closed a $550M Series E led by Lightspeed, one of the largest developer-infrastructure rounds of the year. (Temporal newsroom; Goldman Sachs Asset Management press release; Crunchbase News)
Wellington Management, Growth Equity at Goldman Sachs Alternatives and Tiger Global co-led; T. Rowe Price and SV Angel joined, with a16z, Sequoia, Index, GIC, Sapphire Ventures and Amplify returning. The company says its annualized revenue run rate recently passed $250M and it has more than 4,300 paying customers. (Temporal newsroom; Goldman Sachs Asset Management press release; Crunchbase News)