Hashi corp (HCP) back to VC valuation

HashiCorp is a software company that provides open-source tools and commercial products for developers and IT operations professionals to provision, secure, connect, and run any infrastructure for any application. Their portfolio includes products like Terraform for infrastructure as code, Vault for secrets management, Consul for service networking, and Nomad for application deployment and management. These tools are designed to work in a cloud-native environment, supporting development and operations practices across private and public clouds.

Back to VC levels pre-ipo and seems to be a non- hyped company that compliments aws,azure, etc. strong cash balance, but slowing ARR.

what are your thoughts on this segment or company?



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