Temporal, a developer productivity company led by former Uber engineers, raises USD 75M

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A Seattle startup called Temporal has raised USD 75 million to assist businesses in creating and managing cloud applications. As more software development moves to the cloud, especially with the use of micro services, the complexity of maintaining code increases.

Ad-hoc systems are replaced by Temporal’s open-source micro services orchestration platform, freeing up developers’ time to code. The goal is to spend less time on reliability and scalability. More than 350 clients, including Datadog, Descript, Netflix, Snap, and others, purchase a managed service from Temporal, which generates revenue.

A year ago, Temporal raised USD 103 million and was valued at USD 1.5 billion. The new round of funding follows that. The business claimed that since the previous round, revenues and customers have increased by 20X.

Read More: Temporal, a developer productivity startup led by former Uber engineers, raises $75M

TalkDev Bureau
TalkDev Bureau
The TalkDev Bureau has five well-trained writers and journalists, well versed in B2B enterprise technology industry, and constantly in touch with industry leaders for the latest trends, opinions, and other inputs- to bring you the best and latest in the domain.

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