Venture
Temporal raises $550M at $12.55B as durable execution becomes agent infrastructure
Workflow-orchestration company Temporal raised $550M at a $12.55B valuation from Lightspeed, Wellington Management, Goldman Sachs Alternatives and Tiger Global, up from $5B in February. The driver is AI agents: long-running, retry-able workflows are exactly what agent builders need, and Temporal has become a default layer for them.