Temporal, an open source microservices orchestration platform used by companies including Netflix, Snap, and Comcast, has raised $75 million from a slew of high-profile investors including Sequoia Capital and Greenoaks.
The startup has also maintained its coveted unicorn status with a valuation of “just over” $1.5 billion, despite some reports to the contrary a few months back suggesting that its valuation had dipped below $900 million.
Founded in 2019, Temporal simplifies the development of distributed systems, which includes microservices, a software architecture built around integrations between smaller, function-specific components that are easier to maintain and scale compared to the monolithic software of yore. Such distributed systems rely on “queues” — a type of asynchronous cross-service communication — and databases to synchronize data across …
