The Temporal Series B-Prime investment comes one year after its initial Series B round; customers and revenues for Temporal Cloud have grown 20X during that time period. Greenoaks joins the existing list of Temporal investors, all of which participated in this round, including Amplify Partners, Index Ventures, Sequoia Capital, Madrona, and Addition Ventures. Total funding to date is now over $200 million.

Temporal is a durable execution system that enables reliable and correct execution of software services and applications. It allows teams to manage an application's state at scale, monitor the execution of application logic in real-time, and push updates and changes without downtime. Platform and application teams at companies like Netflix, Snap, Stripe, and Coinbase use Temporal to run application functions as workflows that inherit scalability, durability, and fault tolerance.