Temporal Secures $146 Million in Funding with a Focus on AI Microservices

Temporal, a Seattle-based company, has secured a growth round of $146 million, with Tiger Global leading the investment and participation from previous backers such as Index Ventures and Sequoia Capital. The company plans to use the funds for R&D, sales, and marketing. Notably, the investment will support the development of AI microservices and the enhancement of its Temporal Cloud platform, including the introduction of a new feature called Nexus.

Temporal, founded by CEO Samar Abbas and CTO Maxim Fateev, has experienced significant growth in recent years, with its microservices orchestration platform catering to a broad range of organizations, including high-profile clients like Box, Instacart, Snap, Stripe, and Nvidia. The company's focus on AI microservices aligns with the increasing demand for managing AI agents and long workflows reliably.

The latest funding round has brought Temporal's total funding to $350 million, with a post-money valuation of $1.72 billion. Additionally, Temporal is expanding its team and global presence, aiming to grow its headcount and extend its reach to EMEA and Asia-Pacific & Japan.