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About HashiCorp

HashiCorp focuses on multi-cloud infrastructure automation. The company offers a suite of products that provide solutions for infrastructure such as code, identity-based security, secure remote access, multi-cloud service networking, and workload orchestration. These products primarily cater to sectors such as financial services, healthcare, telecom, media and entertainment, and the public sector. It was founded in 2012 and is based in San Francisco, California.

Headquarters Location

101 Second Street Suite 700

San Francisco, California, 94105,

United States




Research containing HashiCorp

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned HashiCorp in 2 CB Insights research briefs, most recently on Nov 3, 2023.

Expert Collections containing HashiCorp

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

HashiCorp is included in 2 Expert Collections, including Tech IPO Pipeline.


Tech IPO Pipeline

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HashiCorp Patents

HashiCorp has filed 32 patents.

The 3 most popular patent topics include:

  • cloud computing
  • cloud infrastructure
  • information technology management
patents chart

Application Date

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Related Topics




Cloud platforms, Cloud infrastructure, Cloud computing, Web frameworks, Cloud storage


Application Date


Grant Date



Related Topics

Cloud platforms, Cloud infrastructure, Cloud computing, Web frameworks, Cloud storage



Latest HashiCorp News

HashiCorp beats the Street’s expectations, but cautious guidance sends its stock way down after-hours

Dec 8, 2023

SHARE Cloud infrastructure automation company HashiCorp Inc. delivered strong third quarter financial results today that topped analysts’ expectations, with its revenue up more than 16%. However, its stock plunged more than 20% after-hours on the back of somewhat disappointing guidance, which was only in line with Wall Street’s estimates. The company reported earnings before certain costs such as stock compensation of 3 cents per share, beating the Street’s estimate of a 4 cent-per-share loss. Revenue came to $146.1 million, ahead of the $143.3 million forecast. But despite beating expectations, the company remains unprofitable, racking up a net loss of $39.5 million for the quarter, down from a $72 million net loss one year earlier. Looking to the fourth quarter, HashiCorp said it sees revenue of between $148 million and $150 million, the midpoint of which is bang in line with the Street’s forecast of $149 million. The company also forecast earnings of between break even and 2 cents per share, ahead of the Street’s view of a penny-per-share loss. HashiCorp has been growing fast for a number of years due to the rise of the software and applications that operate as the beating heart of every enterprise today. Building software is complex and time consuming, meaning there’s a big opportunity for anyone who can make that task easier. The company sells automation software for enterprise technology infrastructure. Its main product is Terraform , which enables “infrastructure as code,” where system administrators write scripts to automate the configuration of cloud and on-premises systems. Terraform makes life much simpler than the old way of doing things, which involved navigating various consoles to configure systems manually. It eliminates the need to configure and adjust hundreds of settings manually, helping administrators save hours of work. HashiCorp Chief Executive Dave McJannet (pictured) said in a statement he was pleased with the company’s results, saying they demonstrate “consistent execution” despite the ongoing macroeconomic challenges it faces. Investors are no doubt concerned, however, by the company’s slowing revenue growth. Until recently, HashiCorp had regularly delivered growth of more than 20%, but it isn’t doing so now. One reason for that might be that it’s struggling to squeeze as much money from its customers as it was doing in the past. It reported a net revenue retention rate of 119% in the quarter, down from 124% in the prior quarter. NRR is a metric that measures how much the company’s revenue from its existing customer base grows. The company is at least adding new customers. It ended the quarter with 4,354 total customers, up from 3,648 one year earlier. Of those, 877 are said to generate more than $100,000 in annual recurring revenue, up from 760 a year ago. During the quarter, HashiCorp announced its intentions to acquire a company called BluBracket Inc., which develops software that can identify and fix insecure code before it’s launched. The software is said to be especially good at catching so-called hardcoded secrets, which include any passwords that an application may store, encryption keys and the authentication tokens that workloads use to verify one another’s security before exchanging data. HashiCorp said the plan is to integrate BluBracket’s software with its open-source secret management offering, called Vault . Once that’s done, Vault will be capable of not only storing secrets but also ensuring that they’re not accidentally hardcoded into the software that uses them.

HashiCorp Frequently Asked Questions (FAQ)

  • When was HashiCorp founded?

    HashiCorp was founded in 2012.

  • Where is HashiCorp's headquarters?

    HashiCorp's headquarters is located at 101 Second Street, San Francisco.

  • What is HashiCorp's latest funding round?

    HashiCorp's latest funding round is IPO.

  • How much did HashiCorp raise?

    HashiCorp raised a total of $350.2M.

  • Who are the investors of HashiCorp?

    Investors of HashiCorp include GGV Capital, Mayfield, True Ventures, Redpoint Ventures, Institutional Venture Partners and 6 more.

  • Who are HashiCorp's competitors?

    Competitors of HashiCorp include Console Connect, Akeyless, Zesty, Jit, Doppler and 7 more.


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