HashiCorp builds foundational cloud infrastructure and security automation products used by thousands of enterprises. Its platform enables secure authentication, authorization, and session monitoring for apps and cloud environments, supporting real-time access governance across multi-cloud systems.
The company provides a full-stack IaC and cloud lifecycle suite, including Terraform, Vault, Consul, and Nomad, enabling organizations to automate provisioning, secrets management, networking, and application orchestration.
What Is HashiCorp and What Does It Do?
HashiCorp, founded in 2012 by Armon Dadgar and Mitchell Hashimoto, is headquartered in San Francisco, United States. The company develops AI-based cloud infrastructure management solutions that secure, authenticate, and govern distributed systems across multi-cloud and hybrid environments.
Its platform offers identity-centric security, real-time session monitoring, and automated authorization for cloud resources, while seamlessly integrating with major cloud providers.
HashiCorp employs 2,200 employees, continuing to build world-class open-source and enterprise tools powering global cloud transformation.
How Much Funding Has HashiCorp Raised?
1. Series E
- Amount Raised: $175M
- Date: March 2020
- Lead Investors: Franklin Templeton Investments, IVP
- Motivation: To scale enterprise offerings, expand global operations, and accelerate adoption of Terraform, Vault, and Consul.
2. Series D
- Amount Raised: $100M
- Date: November 2018
- Lead Investors: IVP, Bessemer Venture Partners, GGV Capital
- Motivation: To strengthen product development and support rapid customer acquisition.
3. Series C
- Amount Raised: $40M
- Date: October 25, 2017
- Lead Investors: GGV Capital, Redpoint Ventures
- Motivation: To accelerate R&D and expand HashiCorp’s multi-cloud product suite.
Total Funding Raised: $349 Million
Current Valuation: $2.15 Billion (as of March 2020)
Latest Funding Date: March 2020
Key Investors
1. IVP
- Details: IVP is a leading later-stage venture capital firm backing high-growth technology companies.
- Investment Focus Areas: Enterprise software, cybersecurity, cloud infrastructure.
- Notable Investments: Slack, GitHub, HashiCorp.
2. GGV Capital
- Details: Global VC firm backing companies across the U.S. and Asia, with substantial investments in enterprise tech.
- Investment Focus Areas: Cloud, AI, security, SaaS.
- Notable Investments: Square, Slack, HashiCorp.
3. Mayfield
- Details: Mayfield is an early-stage venture firm backing bold founders in the tech and enterprise sectors.
- Investment Focus Areas: Cloud, DevOps, security, and infrastructure.
- Notable Investments: Lyft, HashiCorp.
4. Redpoint Ventures
- Details: Venture firm fueling category-defining technology companies across software and cloud ecosystems.
- Investment Focus Areas: DevOps, SaaS, cybersecurity.
- Notable Investments: Snowflake, Twilio, Stripe.
Where Is HashiCorp’s Headquarters?
HashiCorp is headquartered in San Francisco, California, positioning it at the heart of the global cloud infrastructure and DevOps ecosystem, benefiting from deep talent pools and proximity to cloud-native enterprises.
What’s Next for HashiCorp?
Following its acquisition, HashiCorp is expected to accelerate enterprise integration and expand its cloud-security footprint. The company plans to deepen AI-driven policy automation, enhance multi-cloud identity governance, and strengthen Terraform Cloud and Vault Enterprise capabilities. With surging demand for secure automation in hybrid environments, HashiCorp is positioned for global expansion and deeper partnerships with hyperscalers.
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