Temporal raises $550M Series E at $12.55B valuation; will open Atlanta and Bay Area offices while keeping Bellevue coworking HQ
Temporal raised $550 million in a Series E that valued the 3-year-old app development startup at $12.55 billion; it will open permanent offices in Atlanta and the Bay Area while keeping a coworking headquarters in Bellevue as it scales R&D and hiring.
Temporal raises $550M at $12.55B valuation to commercialize durable-execution backbone for AI agents
Temporal raised $550 million at a $12.55 billion valuation, more than doubling its February valuation, after building durable-execution software used by customers including OpenAI, Nvidia, Netflix, Snap and JPMorgan Chase. Co-founders Samar Abbas and Maxim Fateev say the company’s technology, developed over years from their AWS Simple Workflow Service experience, records each step of long-running distributed programs so they can survive crashes and continue rather than failing midwork.
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.
Temporal Raises $550M Series E at $12.55B Valuation as Durable Execution Platform Gains Traction
Temporal raised $550 million in a Series E at a $12.55 billion valuation to expand its Durable Execution orchestration platform, citing rapid customer growth and major users like OpenAI, Snap, NVIDIA, and JPMorgan Chase.
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 as agentic AI demand lifts revenue past $250M ARR
Temporal raised $550 million in a Series E at a $12.55 billion valuation as demand for agentic AI systems drives rapid growth; its annualized revenue run rate recently surpassed $250 million, up over 200% year-over-year. The Bellevue-based open-source platform, co-founded by Samar Abbas and Maxim Fateev, doubled headcount to 570 to support major customers like OpenAI, NVIDIA, Netflix and JPMorgan Chase using its durable execution engine for multi-step AI workflows.
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.
Temporal, $5 Billion Bellevue Startup, Named Crystal Palace Front-of-Shirt Sponsor for 2026/27 EPL Season
Temporal, a Bellevue-based developer tools startup valued at $5 billion, will be the front-of-shirt sponsor for Crystal Palace Football Club starting in the 2026/27 English Premier League season. This sponsorship deal aligns with the Premier League's new ban on gambling company logos on shirts, opening opportunities for new sponsors like Temporal.
OpenAI's $1.1B Statsig Acquisition and Other Billion-Dollar Deals Finalists for 2026 GeekWire Deal of the Year
The 2026 GeekWire Awards feature finalists including billion-dollar deals by OpenAI and others, a rare Seattle-area IPO, and a $5 billion mega-round, all recognized for their significant impact on Northwest tech. Voting for the Deal of the Year, which highlights key transactions in innovation, runs through April 16.
Temporal Raises $300M Series D Led by Andreessen Horowitz, Valued at $5B Amid AI Infrastructure Surge
Temporal, led by CEO Samar Abbas, raised $300 million in a Series D round at a $5 billion valuation, driven by surging demand for its durable execution infrastructure supporting AI agents. The company’s revenue grew over 380% year-over-year as it positions itself as a core infrastructure provider for the emerging AI agent platform shift.
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.
Tiger Global Leads $146M Funding Round for Temporal, Raising Valuation to $1.72B
Temporal, a Seattle startup that offers an open-source microservices orchestration platform, raised $146 million in a funding round led by Tiger Global, boosting its valuation to $1.72 billion. The company serves major clients like Snap and Netflix, with a reported 4.4X revenue growth in 18 months.
Temporal raises $20M Series A led by Sequoia to commercialize open-source microservices orchestration
Temporal, a Seattle startup founded by former Uber engineers and cloud veterans, raised $20 million in a Series A led by Sequoia to commercialize its open-source microservices orchestration platform that improves developer productivity and reliability. Major customers include Snap, Box, Checkr, HashiCorp, and Coinbase, and investors include Madrona, Addition, Amplify and Snowflake ex-CEO Bob Muglia.
Organizations
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Temporal Co-Founder / CTO 2024–present · current
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Uber Senior Staff Engineer 2019, Staff Software Engineer 2015–2019 · past
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Google Staff Software Engineer 2013–2015 · past
Education
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Universidade Federal do Rio de Janeiro Master, Computer Science · 1995–1998
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Lomonosov Moscow State University (MSU) Ms, Physics · 1988–1994
