📝 Temporal raises $146M

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News of the Day

Seattle-based Temporal, known for its microservices orchestration platform, has raised a $146 million Series C led by Tiger Global, bringing its total funding to $350 million at a modestly increased $1.72 billion valuation. While originally focused on cloud integrations, Temporal is now pivoting toward AI-driven microservices, including agentic AI. The company, which serves clients like Nvidia, Snap, and Stripe, plans to expand R&D, sales, and global operations. Though growth has slowed—4.4x in the past 18 months versus 20x previously—Temporal’s open-source platform boasts 183,000 active users, with 2,500 enterprise customers using its managed cloud service.

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