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Synopsis
Tiger Global led a $146m Series C round in Temporal Technologies, the inventors of open-source durable execution platform Temporal.io and Temporal Cloud, with participation from StepStone Group, Amplify Partners, Index Ventures, MongoDB Ventures, Sequoia Capital, Conversion Capital, Hanwha Next Generation Opportunity Fund, and 137 Ventures. The new capital will accelerate product development for its enterprise-grade managed service Temporal Cloud and expand the reach of Temporal’s durable execution platform beyond mission-critical workloads in payments, e-commerce, air travel, and disruptive digitally native companies, and into AI use cases of all types. To support this expansion, Temporal plans to double down on go-to-market programs while continuing to invest in R&D for AI use cases.
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