Paul Gillin
By Paul
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.