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Temporal’s valuation spikes to $12.6 billion in Lightspeed-led funding round

The startup said annualized revenue run rate has surpassed $250 million as investors back its open-source software and cloud platform.

Summary by WTVB
Sept 14 (Reuters) - Temporal said on Monday it has raised $550 million in a late-stage funding round, more than doubling its valuation to $12.55 ​billion in seven months, as investors seek ‌software startups seen as benefiting from the AI boom. Tempora...

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BizToc broke the news on Monday, September 14, 2026.
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