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Temporal Technologies Raises $550M Series E at $12.55B Valuation Led by Lightspeed to Scale Durable Execution
Temporal Technologies raised $550 million in a Series E at a $12.55 billion valuation to expand adoption of its Durable Execution technology, which lets long-running applications resume after failures; the round was led by Lightspeed with co-leads Wellington Management, Goldman Sachs Alternatives’ Growth Equity and Tiger Global. CEO Samar Abbas — formerly CTO and a longtime distributed-systems engineer who swapped roles with co-founder Maxim Fateev in April 2024 — said the funding addresses growing demand for reliable infrastructure for complex software and AI.
Temporal raises $550M Series E at $12.55B valuation to scale durable execution platform
Temporal raised $550 million in a Series E on September 14, 2026, at a $12.55 billion valuation to expand its global operations and invest in reliability, security, and core platform primitives for its durable execution/AI orchestration platform.
Bellevue’s Temporal raises $550M Series E at $12.55B valuation, doubling since February
Bellevue app-development startup Temporal raised $550 million in a Series E at a $12.55 billion valuation, roughly doubling its worth since a February round and signaling investor focus on leading AI-related companies. Founded in 2019, Temporal employs about 375 people, counts more than 4,300 clients including OpenAI and Netflix, and offers tools to help developers build more reliable back-end and AI applications.
Temporal Raises $550M Series E at $12.55B Valuation Led by Lightspeed, Wellington, Goldman Sachs Alternatives and Tiger Global
Temporal, a Seattle-based provider of an open-source durable execution platform, raised $550M in a Series E at a $12.55B valuation to expand global operations, R&D, go-to-market teams, and infrastructure. The round was led by Lightspeed, Wellington Management, Goldman Sachs Alternatives Growth Equity, and Tiger Global, with participation from major investors including a16z, Sequoia, and T. Rowe Price.
Temporal Raises $550M Series E Led by Lightspeed at $12.55B Valuation as Demand for Reliable AI Infrastructure Surges
Temporal raised $550 million in a Series E at a $12.55 billion valuation led by Lightspeed on September 14, 2026, citing rapid 2026 growth including a >200% YoY revenue increase, 1.9 trillion+ actions processed in August, and over 4,300 paying customers such as OpenAI and Netflix.
Temporal raises $550M Series E at $12.55B valuation to scale reliable infrastructure for long-running AI agents
Temporal announced a $550M Series E at a $12.55B valuation, led by Lightspeed with participation from Wellington, Goldman Sachs, Tiger Global and other investors, to expand its reliability-focused infrastructure for long-running AI agents. The company says rising AI demands make systems more complex and brittle, and its platform helps developers integrate reliable, long-duration agents with existing enterprise systems.
Seismic completes acquisition of Highspot; product rebranded ‘Highspot by Seismic,’ Seattle kept as R&D site
Seismic completed its acquisition of Seattle-based Highspot, folding the company into Seismic and rebranding the product as “Highspot by Seismic,” while naming Seattle among several global R&D locations. The combined company—led by Seismic CEO Rob Tarkoff with Highspot co-founder Robert Wahbe expected to join the board—serves 2,500 customers and 3.5 million users and plans to invest over $100 million annually in R&D; financial terms were not disclosed.
Temporal Raises $300M at $5B Valuation to Support Reliable AI Agent Workflows in Production
Temporal raised $300 million in a Series D round led by Andreessen Horowitz, doubling its valuation to $5 billion by supporting reliable execution for AI systems. The Bellevue-based company's software powers long-running workflows for clients like OpenAI, with revenue and usage surging significantly as AI agent deployments grow.
Highspot to Merge with Seismic in Major Sales Software Deal Led by Seismic CEO Rob Tarkoff
Seattle-based enterprise software companies Highspot and Seismic have signed a definitive agreement to merge, with the combined company operating under the Seismic name and led by Seismic CEO Rob Tarkoff. The merger unites two major revenue enablement platforms, with Highspot CEO Robert Wahbe joining the board and Permira remaining as controlling shareholder.
Seattle Legal Tech Startup Supio Raises $60M Series B to Expand AI Software for Personal Injury and Mass Tort Law
Seattle startup Supio raised $60 million in a Series B funding round to expand its AI-powered software that helps lawyers efficiently manage personal injury and mass tort case data. The company, led by co-founders Jerry Zhou and Kyle Lam, has seen its annual recurring revenue quadruple since August and has raised a total of $91 million to date.
Former Outreach CEO Manny Medina Launches London-Based Startup Paid with $10M to Monetize AI Agents
Manny Medina, co-founder and former CEO of Outreach, has launched Paid, a London-based startup focused on monetizing AI agents, backed by over $10 million in funding. Medina stepped down as Outreach CEO in September and now serves as executive chairman while Paid aims to simplify billing and monetization for AI builders.
Supio, Founded by Ex-Microsoft Engineers, Raises $25M Series A for AI Legal Tech Platform Optimizing Data Analysis in Plaintiff Cases
Seattle-based legal tech startup Supio, founded by ex-Microsoft engineers Kyle Lam and Jerry Zhou, raised $25 million in Series A funding to enhance its AI-powered platform that helps lawyers efficiently analyze case data, particularly in personal injury and mass tort plaintiff law. The company, with 27 employees and plans to double its workforce, charges subscription fees based on case volume and boasts successful use in complex cases such as a TorHoerman Law victory against Abbott Labs.
Outreach Cuts 12% of Staff Amid Economic Pressures, Aiming for 2024 Profitability
Seattle-based sales software startup Outreach laid off 12% of its staff amid shifting economic conditions and ongoing cost-cutting efforts, aiming for profitability next year. This follows previous layoffs of 5% in August 2022, 7% in February 2023, and another 5% last month, with some business functions being offshored to Mexico City and India.
Outreach Lays Off 70 Employees, 7% of Workforce, and Pauses Office Expansion Amid Missed Revenue Targets
Seattle-based sales software startup Outreach is laying off 70 employees, about 7% of its workforce, following a failure to meet revenue targets and amid a broader tech industry slowdown. The company will also suspend merit increases and delay office expansion as it aims for operational efficiency and profitability.
Highspot raises $248M Series F at $3.5B valuation as remote-selling demand surges
Seattle-based sales enablement startup Highspot raised $248 million in a Series F at a $3.5 billion valuation, driven by increased demand for remote-selling tools as the pandemic shifted sales work online.
GeekWire Awards 2020 Goes Virtual; Ally Wins Startup of the Year as Bill Gates and Celebrities Celebrate
GeekWire held a virtual GeekWire Awards livestream honoring top Pacific Northwest tech companies and leaders across 12 categories, with winners accepting via Zoom and special video messages from figures like Bill Gates. Seattle startup Ally won Startup of the Year, and the event included entertainment such as The Drunken Tenorperforming an "Opera di Zoom."
Outreach raises $50M Series F led by Sands Capital, valuing Seattle startup at $1.33B
Seattle sales-engagement startup Outreach raised a $50 million Series F led by Sands Capital, bringing its valuation to $1.33 billion and total funding to $289 million while holding more than $100 million in cash. The company says the funding bolsters its position amid COVID-19 as remote selling increases and over 4,000 customers use its platform.
