{"id":659707,"date":"2025-03-31T16:15:15","date_gmt":"2025-03-31T13:15:15","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/temporal-lands-146-million-at-a-flat-valuation-eyes-agentic-ai-expansion\/"},"modified":"2025-03-31T16:15:15","modified_gmt":"2025-03-31T13:15:15","slug":"temporal-lands-146-million-at-a-flat-valuation-eyes-agentic-ai-expansion","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/temporal-lands-146-million-at-a-flat-valuation-eyes-agentic-ai-expansion\/","title":{"rendered":"Temporal lands $146 million at a flat valuation, eyes agentic AI expansion"},"content":{"rendered":"
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Seattle-based Temporal<\/a> has made its name over the last several years in the world of microservices \u2014 specifically providing a platform to orchestrate the messy business of building and operating integrations and updates across disparate services and app<\/a>s in the cloud. But the AI boom has come at the company fast. Now, Temporal has raised a growth round of $146 million to build what it believes the next chapter will be in its space: AI, and specifically building microservices to support newer areas like agentic AI.<\/p>\n

A chunk of the investment will be going into R&D. At the end of 2024, the company launched<\/a> a new feature called Nexus in its Temporal Cloud platform to improve security, fault isolation and modularity, and it says it\u2019s going to continue developing that, alongside public cloud availability for Azure, enabling more cross-cloud work, and \u201cR&D for AI use cases.\u201d Temporal will also be using some of the funds to invest in sales and marketing. <\/p>\n

Tiger Global is leading the round, with participation from previous backers that include Index Ventures (who led the Series B<\/a>) and Sequoia Capital (who led the Series<\/a> A ). With this Series C, Temporal has now raised $350 million. <\/p>\n

The round is sizeable, but the devil is in the details. TechCrunch understands that the company\u2019s valuation with this round is $1.72 billion post-money \u2014 \u201ca little bit up \u2014 a very little bit,\u201d in the words of CEO and co-founder Samar Abbas said.\u00a0<\/p>\n

The company\u2019s previous funding \u2014 a $75 million Series B extension announced February 2023 \u2014 was made at a flat valuation of $1.5 billion. And ahead of that, there was a report<\/a> in Prime Unicorn Index that the valuation had dipped as low as $880 million, a figure the company has not confirmed.<\/p>\n

Abbas and his co-founder Maxim Fateev (CTO) started Temporal after the pair worked together at Uber, where they jointly developed\u00a0Cadence<\/a>, Uber\u2019s open source orchestration engine designed to route requests and media<\/a>te interactions between different microservices. <\/p>\n

Knowing that the need for better microservices management extended to many organizations, the pair saw an opportunity to strike out on their own, and Temporal was born. <\/p>\n

Temporal\u2019s microservices orchestration platform predates the hype around AI. Customers have been using it since 2019 to help manage functions and actions that bring together data from numerous, disparate apps \u2014 payment processing, customer onboarding, order management, ID verification, and infrastructure management among them. <\/p>\n

More recently, though, services built on AI, and specifically to fill out the promise of agentic AI \u2014 which bring together language models to work with and across data from a number of other services in AI \u2018agents\u2019 tailored for specific use cases \u2014 have emerged as a prime use case for microservices. <\/p>\n

The company\u2019s current client list speaks not only to which companies are using Temporal\u2019s platform to manage any microservice, legacy or otherwise, but also which ones are already using it for AI specifically. The list includes Box, Instacart, Snap and Strip<\/a>e, as well as Nvidia. <\/p>\n

Nvidia is a notable name in that big-name list. A year ago, the GPU giant announced a microservices software platform called NIM to streamline the deployment of AI models (both custom and pre-trained) in production environments. One of the latest developments in that microservices platform has included helping its customers develop AI agents <\/a>to address trust and safety. <\/p>\n

Temporal is still growing, albeit not at the pace it used to in the past. The company told TechCrunch that revenues are up 4.4x in the past 18 months; that\u2019s compared to more than 20x growth the company claimed in the 12 months to Feburary 2023. Meanwhile, the company says that its Temporal.io open source platform now has 183,000 active users; and its enterprise managed service Temporal Cloud now claims 2,500 customers.<\/p>\n

There\u2019s no debate that \u201cdurable execution,\u201d the category that Abbas and Fateev pioneered, is less buzzy than Ghibli-style AI image generators. But the need to execute long workflows reliably is real, and other teams have entered the field since then, such as workflows-as-code startup Restate and Orkes.<\/p>\n

Abbas has been Temporal\u2019s CEO since he and Fateev swapped their roles<\/a> in April of last year. With \u201czero reports,\u201d Fateev is now in charge of technology<\/a> and setting the long term vision. \u201cI am the one who is figuring out what steps we need to take to deliver on that mission,\u201d Abbas said.<\/p>\n

These steps include growing headcount from some 250 employees to over 300 in the coming months, as well as \u201cdoing a big push in EMEA and [Asia-Pacific & Japan],\u201d he said.\u00a0<\/p>\n<\/div>\n

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Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

Seattle-based Temporal has made its name over the last several years in the world of microservices \u2014 specifically providing a platform to orchestrate the messy business of building and operating integrations and updates across disparate services and apps in the cloud. But the AI boom has come at the company fast. Now, Temporal has raised…<\/p>\n","protected":false},"author":1,"featured_media":659708,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/techcrunch.com\/wp-content\/uploads\/2025\/03\/Temporals-co-founders-Samar-Abbas-CEO-left-and-Max-Fateev-CTO.png?resize=1200,800","fifu_image_alt":"","footnotes":""},"categories":[18],"tags":[75885,77431,83071,61594,155235,70917,155236,112857],"class_list":["post-659707","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technology","tag-enterprise","tag-north-america","tag-open-source","tag-exclusive","tag-microservices","tag-startups","tag-temporal","tag-tiger-global"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/659707","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=659707"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/659707\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/659708"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=659707"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=659707"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=659707"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}