Temporal reportedly discusses $500 million funding round
Image: Primary Temporal Technologies is in talks to raise about $500 million at a pre-money valuation of at least $12 billion, Bloomberg reported, according to the supplied account. The proposed valuation would exceed twice the company's reported $5 billion valuation from a $300 million February round. Temporal sells an open-source workflow-orchestration platform and a managed cloud service designed to resume multistep application processes after failures. The round has not closed, and its amount and terms may change.
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