Samar Abbas

Samar Abbas

Co-Founder & CEO at Temporal
Woodinville, Washington, United States

Samar Abbas is currently Co-Founder & CEO at Temporal Technologies and also serves as Co-Founder & CTO at Temporal Technologies Inc. He previously held engineering roles at Amazon.com and Microsoft, including Principal Software Engineer for Azure EventHubs and Senior Software Engineer for Azure Service Bus. He is a founder of Temporal, which is still running.

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.

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 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 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 raises $103M Series B at $1.5B valuation as 55-person startup reaches unicorn status

Temporal, a 55-person Seattle startup that provides an open-source microservices orchestration platform, raised $103 million at a $1.5 billion valuation, becoming a unicorn three years after launch with total funding over $120 million. The company—founded by former Uber engineers Maxim Fateev (CEO) and Samar Abbas (CTO)—says adoption is growing 25–50% month-over-month and counts customers like Snap, Netflix, Instacart, and Qualtrics.

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

See all 5
  • Temporal logo
    Temporal Co-Founder & CEO 2024–present · current
  • Temporal Technologies Inc Co-Founder & CTO 2019–present · current
  • Uber Staff Software Engineer 2015–2019 · past

Education

  • Happy Home 1983–1993
  • GIK Institute

Online