Temporal Technologies provides an open-source and cloud platform for durable execution of long-running workflows. Developers write ordinary application code, and Temporal handles state persistence, failure recovery, and orchestration of tasks across services for days, weeks, or longer, which is especially important for long-running AI agent workflows. Temporal Cloud and its open-source engine power workloads at customers like OpenAI, Snap, and NVIDIA, with hundreds of thousands of paying customers and trillions of billable actions in recent metrics. The company differentiates itself by combining a durable execution runtime with both open-source and managed cloud offerings, enabling reliable, scalable orchestration across diverse services and long-running processes. Temporal’s goal is to provide reliable, scalable primitives and platforms to run long-lived workflows globally, supporting growth and reliability as workloads expand.
Company Size
501-1,000
Company Stage
Series E
Total Funding
$1.2B
Headquarters
Bellevue, Washington
Founded
2019
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Temporal has raised $550 million in Series E funding at a $12.55 billion valuation, led by Lightspeed Venture Partners. Co-leads include Wellington Management, Growth Equity at Goldman Sachs Alternatives, and Tiger Global. The open-source platform, which powers AI applications, has seen significant growth in 2026. Its annualised revenue run rate recently surpassed $250 million, growing more than 200% year-over-year. Net dollar retention has exceeded 200% since February. Temporal Cloud processed 1.9 trillion actions in August, up more than 350% year-over-year. Open-source installs surpassed 43 million in August, up 134% since January 2026. The company now has more than 4,300 paying customers, including OpenAI, Snap, NVIDIA, Netflix, and JPMorgan Chase. Temporal provides infrastructure for reliable execution of critical applications, from payments to autonomous AI agents.
AI is raising the bar for reliability. See why Temporal's $550M Series E, backed by Lightspeed and others, is built to meet that demand.
Temporal Technologies Inc. is in talks for a fresh funding round that would give the AI startup a valuation of at least $12 billion before the new money, according to people familiar with the efforts.
Temporal hits $12B as orchestration becomes essential infrastructure. Today's tech news centers on massive infrastructure investments, regulatory wins for developers, and an industry maturing from explosive growth toward strategic optimization. It's a fascinating day in the developer world. Revolter AB is not just seeing companies growing, but a complete re-evaluation of what's actually worth investing in. Infrastructure, tools, and security are at the center stage, and that tells Revolter AB something important about where Revolter AB is in the AI era. Infrastructure becomes the new priority. Temporal secured roughly $500 million at a valuation exceeding $12 billion, and that's neither a surprise nor an accident. Orchestration for distributed systems is no longer nice-to-have, it's fundamental for anyone building modern backend systems. This is infrastructure enabling infrastructure, and investors understand it completely. For developers, it means quality tooling for the really tricky problems becomes easier to find. Cerebras and Etched continue the same theme from the hardware side. Etched saw its valuation double in just one month, and Cerebras is launching its CS-4 with specialized WSE-3 Turbo chips. This isn't random hardware upgrades, it's a strategy to solve the actual problem: inference costs. For developers managing large AI models, this means genuinely relevant alternatives to general-purpose GPUs will soon exist. Developers finally get heard. Apple restructured its App Store fee model in the EU and opened alternative app store integration. It's a major win for developer advocacy, straightforward as that. Meanwhile, Cursor launched its own code hosting platform that directly competes with GitHub. Developers are tired of tools that prioritize the company's vision over user experience, and there's now economic space for alternatives. What Revolter AB is seeing is a shift from developers accepting everything from established platforms to actually having choices. That's reflected in OpenAI absorbing its increased training costs instead of passing them to users. It's maturity in the industry. Science meets language models. Anthropic is laser-focused on demonstrating that Claude can solve concrete problems in protein design and analytical chemistry. These aren't more chatbot demos. These are measurable value for scientists. The company is also launching formal programs to give researchers access to these tools with proper support and documentation. For developers building applications in scientific domains, this is a watershed moment. You can't build generic AI tools and expect them to solve domain-specific problems anymore. You need to architect for specificity. Anthropic is helping make that possible. Security becomes serious. A breach at Hugging Face triggered new security safeguards from OpenAI, and Smack Technologies raised $61 million to build verifiable AI systems for military applications. These two stories are about the same thing: AI systems in high-risk scenarios require security and explainability that Revolter AB haven't fully solved yet. For developers, it means you need to start thinking about security, auditability, and verification from day one when you build AI systems. It's not just a deployment concern anymore. What Revolter AB take away. The day shows an industry growing up. Revolter AB is past "let's build something big and fast." Now it's about building right, with the right tools, on the right infrastructure, with the right security. Investment is flowing toward these mature solutions. For developers, that's good news, because quality tooling actually becomes available. This is part of Revolter's daily developer brief series.
Temporal has doubled its revenue year-over-year whilst AI spending surged fivefold, following a $300 million Series C at a $5 billion valuation. The workflow-automation platform mandated generative AI adoption across its 500-person team, requiring employees to integrate AI tools into daily workflows. The push has compressed development cycles dramatically. Work that previously took six months now completes in under 30 days, according to CTO Maxim Fateev. Temporal's customers include Nvidia and Netflix. The company's approach embeds AI into its durable execution platform rather than treating it as an add-on feature. The firm's 200 engineers must now demonstrate AI usage as a performance criterion, creating what leadership describes as a cultural shift. This strategy aims to accelerate product development and improve customer retention through AI-enhanced reliability.