A startup that provides application state management systems for Netflix, Snap, and Hashicorp, among others, has raised $103m in Series B funding to help the company expand.

The firm claims to be seeing strong demand for its platform that helps to manage application workflows at scale.

The latest bout of funding has been led by Index Ventures, joined by other investors that took part in the seed funding and Series A funding, which were led by Amplify Partners and Sequoia Capital respectively. This brings Temporal’s total funding since incorporation in 2019 to $128m and puts the firm on a post-money valuation of $1.5bn.

Temporal’s technology is described as microservice orchestration platform that enables developers to build scalable applications without sacrificing productivity or reliability. It is already in use to solve state management challenges at companies such as Netflix, Snap, Box, Hashicorp, Coinbase, and others. Netflix has apparently chosen Temporal as the platform upon which to base its next-generation continuous integration and continuous delivery (CI/CD) developer service.

Since the Series A funding, Temporal has also moved from developing an open-source platform to adding a commercial model based on Temporal Cloud, a fully managed