What is HashiCorp?
HashiCorp operates as The Infrastructure Cloud company, providing solutions designed to automate the management of multi-cloud and hybrid environments. Its offerings encompass Infrastructure Lifecycle Management and Security Lifecycle Management, delivered through the HashiCorp Cloud Platform (HCP) for managed services, as well as self-hosted enterprise products and community editions. The company's technology is crucial for organizations seeking to streamline operations, enhance security, and achieve greater agility across diverse cloud infrastructures.
How much funding has HashiCorp raised?
HashiCorp has raised a total of $174M across 4 funding rounds:
Series A
$10M
Series B
$24M
Series C
$40M
Unspecified
$100M
Series A (2014): $10M with participation from Mayfield, GGV Capital, and True Ventures
Series B (2016): $24M led by Mayfield, GGV Capital, True Ventures, and Redpoint
Series C (2017): $40M supported by True Ventures, Redpoint, Mayfield, and GGV Capital
Unspecified (2018): $100M featuring Mayfield, IVP, Bessemer Venture Partners, GGV Capital, Redpoint Ventures, and True Ventures
Key Investors in HashiCorp
Mayfield
Mayfield is a venture capital firm focused on early-stage technology companies, particularly in enterprise, consumer, and infrastructure sectors, providing support through growth and exit phases.
GGV Capital
GGV Capital is a global venture firm investing in seed-to-growth stage companies across Social/Internet, Enterprise Tech, and Smart Tech sectors.
True Ventures
True Ventures is a founder-first venture capital firm that supports early-stage technology and AI-driven companies with capital and guidance.
What's next for HashiCorp?
With substantial enterprise-level backing, HashiCorp is strategically positioned for accelerated growth and innovation in the rapidly evolving cloud infrastructure market. The recent capital infusion is expected to fuel further development of its Infrastructure Cloud offerings, enhance its go-to-market strategies, and potentially expand its global reach. This significant investment signals strong investor confidence in HashiCorp's vision and its ability to address critical challenges in cloud adoption and management, paving the way for continued leadership in the sector.
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