Yahoo! Finance Canada

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.