Temporal raises $103M Series B at >$1.5B valuation to speed development of stateful cloud applications

Temporal Technologies raised $103 million in Series B funding at a valuation above $1.5 billion to accelerate its state management software for cloud-native, stateful applications as usage grows ~25% monthly; the company reframes itself from microservices orchestration to a state management systems provider that hides infrastructure complexity from developers.

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