Temporal, an open-source platform specializing in reliable application development, has secured $300 million in Series D funding, led by Andreessen Horowitz, raising its valuation to $5 billion. The investment round also included Lightspeed Venture Partners, Sapphire Ventures, and existing backer Sequoia Capital. Under the leadership of CEO Samar Abbas, Temporal is enhancing its durable execution platform to facilitate the production deployment of agentic AI systems and scalable stateful applications. The company has experienced over 380% year-over-year revenue growth, driven by increasing demand for robust infrastructure that supports reliable AI workflows. Notable users of Temporal’s platform include OpenAI, Block, ADP, and Yum! Brands, as the company expands its managed cloud service and global engineering teams. This strategic funding will bolster Temporal’s research initiatives and further its mission to provide dependable solutions for modern application development in the AI landscape.
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