Temporal raises $550m Series E to expand infrastructure and global teams
The round values the durable-execution company at $12.55bn and supports platform R&D and enterprise growth.
Temporal announced a $550 million Series E on September 14 at a $12.55 billion valuation. Lightspeed led alongside Wellington Management, Tiger Global and Growth Equity at Goldman Sachs Alternatives. Other backers include T. Rowe Price-advised accounts and SV Angel, with a16z, Sequoia, Index, GIC, Sapphire Ventures and Amplify returning.
The company plans to expand global operations, deepen platform research and development, grow developer and enterprise go-to-market teams and scale infrastructure.
Temporal reports more than 4,300 paying customers. Its execution layer preserves workflow progress through failures, supporting long-running applications and AI agents as customers expand production use.
Developers can host the open-source software themselves or use the managed Temporal Cloud service.
Use of funds
Expand global operations
Deepen platform R&D
Grow developer and enterprise go-to-market teams
Scale infrastructure