{"id":10759,"date":"2021-12-07T18:23:46","date_gmt":"2021-12-07T15:23:46","guid":{"rendered":"https:\/\/roboforex.com\/blog\/?p=10759"},"modified":"2023-06-28T18:18:51","modified_gmt":"2023-06-28T15:18:51","slug":"ipo-of-hashicorp-inc-a-cloud-solution-integrator","status":"publish","type":"post","link":"https:\/\/roboforex.com\/blog\/2021\/12\/07\/ipo-of-hashicorp-inc-a-cloud-solution-integrator\/","title":{"rendered":"IPO of HashiCorp, Inc.: a Cloud Solution Integrator"},"content":{"rendered":"\n

Cloud technologies have been very popular recently and many companies want to implement these solutions into their operational activity as fast as possible. By doing this, they try to minimize their expenses and improve business processes efficiency. This is the reason why the Saas platform market has been developing so rapidly over the past few years.<\/p>\n\n\n\n

\"IPO<\/figure>\n\n\n\n

HashiCorp, the company that provides a platform for cloud solution integration, is planning an IPO<\/a> at the NYSE<\/a> on 8 December 2021. Its shares will start trading with the “HCP” ticker symbol the next day. In this article, we’ll discuss if the issuer’s shares<\/a> are interesting for investing in.<\/p>\n\n\n\n

<\/span><\/a>Business of HashiCorp, Inc.<\/span><\/h2>\n\n\n\n

The company was established by two university friends, Armon Dadgar and Mitchell Hashimoto, in 2013, and is currently headquartered in San Francisco, California. Since 2016, the company’s CEO has been David McJannet), who earlier held the same position at GitHub. HashiCorp employs 1,400 people.<\/p>\n\n\n\n

\"Values<\/a>
Values of HashiCorp.<\/em><\/figcaption><\/figure>\n\n\n\n

The key investors are GGV Capital, Redpoint Omega, Mayfield, and True Ventures. HashiCorp provides its clients with open source-based tools, which offer developers the opportunity to link and maintain cloud infrastructure in their companies’ management ecosystems.<\/p>\n\n\n\n

\"Key<\/a>
Key performance indicators<\/a> of HashiCorp.<\/em><\/figcaption><\/figure>\n\n\n\n

HashiCorp cooperates with almost all cloud platform developers on the market. One of the company’s most important clients is Amazon<\/a>’s AWS. For successful integration in this system, the issuer has over 500 resources and almost 200 data sources for building cloud infrastructure.<\/p>\n\n\n\n

\"HashiCorp<\/a>
HashiCorp product description.<\/em><\/figcaption><\/figure>\n\n\n\n

The company’s flagship line, which performs a single function in creating and setting cloud integration, include:<\/p>\n\n\n\n