Temporal Raises $550M in Lightspeed-Led Funding Round, Valuation Doubles to $12.55B on AI Agents Boom
Temporal has raised $550 million in a Series E funding round led by Lightspeed Venture Partners, more than doubling its valuation to $12.55 billion in just seven months. The software reliability specialist's open-source platform keeps AI agents and applications running when failures occur, with revenue surging past $250 million as demand from OpenAI, Nvidia, and other tech giants explodes.