HashiCorp
hashicorp.comFounding Story
HashiCorp, Inc. is an American software company and subsidiary of IBM based in San Francisco, California. HashiCorp provides tools and products that enable developers, operators and security professionals to provision, secure, run and connect cloud-computing infrastructure. It was founded in 2012 by Mitchell Hashimoto and Armon Dadgar. The company name HashiCorp is a portmanteau of co-founder last name Hashimoto and Corporation.
Key Milestones
It was founded in 2012 by Mitchell Hashimoto and Armon Dadgar.
On 29 November 2021, HashiCorp set terms for its IPO at $68-$72 at a valuation of $13 billion.
Mitchell Hashimoto resigned from the company in December 2023.
On April 24, 2024, the company announced it had entered into an agreement to be acquired by IBM for $6.4 billion, with the transaction expected to close by the end of the same year.