What does Hashicorp do?

The TL;DR

Hashicorp sells open-core software that helps developers manage their cloud infrastructure via code-based configuration and access.

• Cloud infrastructure is constantly evolving – larger organizations need to create and modify their resources on the reg 

• As organizations move towards multi-cloud and infrastructure breadth increases, managing this stuff is getting more annoying

• Hashicorp provides a suite of open-core tools like Terraform and Vault to make this process easier for developers

• The company makes money by selling packaged solutions to large enterprises (and a little via cloud)

Hashicorp is a beloved and respected (importantly) brand among developers. And with a $5B valuation as of March 2020, they are probably going to make somebody rich.