Seattle headquarters Chronological Its name has been established over the past few years in the world of fine services – especially the provision of a platform for organizing chaotic works represented in building and operating integration and updates through the different services and applications in the cloud. But the artificial intelligence boom came in the company quickly. Now, Temporal has sparked a $ 146 million growth round to build what you think will be in its area: AI, specifically building microscopic services to support the latest areas such as Agency AI.
Part of the investment will go to research and development. At the end of 2024, the company Firing A new feature called Nexus on the cloud platform to improve safety and insulation of faults and model, and says it will continue to develop this, in addition to the availability of the AZURURE general cloud, which provides more cross -cut works, and “research and development for artificial intelligence situations”. Temporas will also use some money to invest in sales and marketing.
Tiger Global tops the tour, with the participation of former supporters who include index projects (who led Series b) And Sequoia Capital (which led Series a ). With this chain C, Temport now raised $ 350 million.
The tour is great, but the devil is in the details. Techcrunch realizes that the company’s evaluation of this tour is $ 1.72 billion after money-“a little-a little-as the CEO and co-founder Samar Abbas.
The previous financing of the company – $ 75 million Series B extending February 2023 – a fixed assessment of $ 1.5 billion has been made. And before that, there was a a report At the main unicorn index, the evaluation decreased to $ 880 million, a number that the company did not confirm.
Abbas and his co -founder Maxim Fatef began the temporal time after the couple worked together in Uber, where she evolved jointly rhythmThe Uber Open Source Orchestration is designed to direct requests and mediate interactions between different microscopic services.
Knowing that the need to manage microscopic services is better that extended to many organizations, the husband saw an opportunity to strike on his own, generated time.
The platform of overlapping microscopic services precedes the noise around artificial intelligence. Customers have been using it since 2019 to help manage jobs and procedures that combine many different applications – payment processing, customer customers, request management, identification verification, and infrastructure management among them.
Nevertheless, though, though, the services that were built on artificial intelligence, specifically to fill the Aunet Ai – that combines language models to work with data and cross them from a number of other services in artificial intelligence factors designed for specified use cases – appeared as a major use of accurate services.
The current customer list of the company is not only talking about the companies used by the Temporal platform to manage any Microservice, Legacy or otherwise, but also those that you already use for artificial intelligence specifically. The menu includes a box, Instacart, Snap and Stripe, as well as NVIDIA.
NVIDIA is a noticeable name in that big list. A year ago, GPU giant She announced a small service program platform called NIM To simplify the deployment of artificial intelligence models (both custom and trained) in production environments. It included one of the latest developments in the small services platform to help its customers Development of artificial intelligence agents To address confidence and safety.
The time is still growing, albeit as not at the speed he used in the past. The company TECHCRUNCH has told the revenue that has risen 4.4x in the past 18 months; This is compared to more than 20x growth, the company has claimed during the 12 months to February 2023. The company, which is now managed by institutions, is now demanding 2,500 customers.
There is no discussion that “the solid implementation”, the category by ABBAS and Fateev is a pioneer, is less formulated than Ghibli-style photo generators. But the need to carry out the long workflow tasks reliably, and other teams have entered this field since then, such as Workflow-start starting and ORKES.
Abbas has been the CEO of Temporal since he and Fateev Exchange In April last year. With “zero reports”, Fateev is now responsible for technology and a long -term vision. Abbas said: “I am the person who discovers the steps that we need to take to present this task.”
These steps include the number of growing employees from about 250 employees to more than 300 employees in the coming months, in addition to “making a large payment in Europe, the Middle East, Africa (Asia, Pacific and Japan)”.
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