Temporal

Temporal

Open-source programming model for application reliability

About Temporal

Simplify's Rating
Why Temporal is rated
B+
Rated B on Competitive Edge
Rated A on Growth Potential
Rated B on Rating Differentiation

Industries

Data & Analytics

Enterprise Software

Company Size

201-500

Company Stage

Series B

Total Funding

$197.9M

Headquarters

Bellevue, Washington

Founded

2019

Overview

Temporal offers an open-source programming model that simplifies code, enhances application reliability, and speeds up feature delivery. Its main product, Temporal Cloud, provides a scalable platform for building reliable applications, demonstrated by its use in features like Snap Stories. The technology allows developers to reduce code complexity and easily track issues through the Temporal Web UI. Temporal aims to empower developers with tools that improve productivity and application performance.

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Simplify's Take

What believers are saying

  • Integration with Google Cloud Marketplace expands access for Google Cloud users.
  • Partnership with Prodapt enhances reach in telecom and Big Tech sectors.
  • Recent $75M funding round indicates strong investor confidence and resources for growth.

What critics are saying

  • Emergence of Restate as a competitor with a lightweight workflows-as-code platform.
  • Slowdown in Pacific Northwest venture capital investments could impact future funding.
  • Competition from other workflow management solutions on major cloud platforms.

What makes Temporal unique

  • Temporal simplifies code, reducing lines significantly, enhancing developer productivity.
  • Temporal Cloud supports high-demand applications, like Snap Stories, showcasing scalability.
  • Open-source model offers free technology, attracting a wide range of developers.

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Funding

Total Funding

$197.9M

Above

Industry Average

Funded Over

3 Rounds

Series B funding is typically for startups that have proven their business model and need more funding to expand rapidly—often by entering new markets or adding more products. Investors are usually venture capital firms that specialize in later-stage investments.
Series B Funding Comparison
Above Average

Industry standards

$35M
$45M
Linktree
$65M
Substack
$75M
Temporal
$100M
ClickUp

Growth & Insights and Company News

Headcount

6 month growth

1%

1 year growth

0%

2 year growth

2%
Odisha Biz Newz
Dec 16th, 2024
Temporal Cloud Now Available on Google Cloud Marketplace: Streamlining Workflow Management for Developers

December 16, 2024,Seattle, United States: Temporal Technologies today announced the availability of Temporal Cloud on Google Cloud Marketplace, offering developers in the Google Cloud ecosystem the most streamlined path to using Temporal Cloud.

Economic Times
Nov 12th, 2024
Prodapt, Temporal partner to drive development of enterprise software

NEW DELHI: Prodapt, an IT services provider for telecom and Big Tech companies, Tuesday partnered with Temporal to streamline and accelerate the software development lifecycle for enterprises.

Temporal
Sep 18th, 2024
Unlock New Possibilities with Product Updates from Replay 2024

Temporal Technologies Inc. is announcing Workflow Update - a powerful new feature that enables you to send updates and receive results synchronously - delivering real-time feedback and responsiveness that your users expect.

TechCrunch
Jun 12th, 2024
Restate Raises $7M For Its Lightweight Workflows-As-Code Platform

When one of the co-creators of the popular open-source stream-processing framework Apache Flink launches a new startup, it’s worth paying attention. Stephan Ewen was among the founding team of the open source project back in 2010 and then later became the CTO of Data Artisans, which aimed to monetize Flink. Alibaba then acquired the company in 2019 and rebranded it as Ververica, with Ewen then spending the requisite three years at the company before launching workflows-as-code startup Restate, together with Flink committers and former Data Artisan/Ververica co-workers Igal Shilman and Till Rohrmann.Restate, which says its overall mission is to make distributed application development easier, today announced that it has raised a $7 million seed funding round, hitting version 1.0 of its open BSL-licensed version and that it’s launching its managed cloud service. The promise of Restate is that it is so fast and lightweight that it will allow developers to use it where traditional workflow systems would’ve been too slow and resource-intensive. That’s backed by a durable execution engine that can set up fault-tolerant communication between services and processes, and that integrates with function-as-a-service platforms like AWS Lambda and Cloudflare Workers. While ideal for microservices architecture, developers can also use it for task queues, event processing, or service orchestration in systems like inventory management or reservations.It’s worth noting that Restate isn’t the first to this concept, though

GeekWire
Dec 28th, 2023
Vc Investments Slowed In 2023, But These Pacific Northwest Startups Still Raised Sizable Rounds

GeekWire’s in-depth startup coverage tells the stories of the Pacific Northwest entrepreneurial scene.Funding to PNW startups fell nearly 60% year-over-year in 2023. Data from GeekWire’s funding list.Tech startup investments continued to retreat in 2023 as venture capitalists tightened their belts and companies trimmed costs amid uncertainty about the broader economy.Total funding to Pacific Northwest startups fell nearly 60% year-over-year in 2023, according to GeekWire’s funding list. And not a single unicorn was crowned this year — after nine reached the $1 billion valuation threshold in 2021.But there were still a handful of startups across the region that raised sizable funding rounds to fuel growth in the months and years ahead.Biotech, health tech, and aerospace companies reeled in some of the biggest chunks of cash. Enterprise software startups, a core strength of Seattle’s tech ecosystem, and also landed money.Here’s a look at the top funding rounds of 2023.Avalyn PharmaThe Seattle biotech firm, founded 2011, is developing inhalation therapies for rare pulmonary diseases. It raised a $175 million Series C round in September. Read more.Pivotal CommwareThe Bill Gates-backed company develops millimeter-wave 5G network infrastructure products

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