HashiCorp Acquisition, Valuation, Funding & Investors

Harness is a San Francisco-headquartered continuous delivery platform for DevOps teams deploying applications on cloud infrastructures. The service automates verification pipelines, selective testing, change impact analysis, and cloud cost optimization for Kubernetes and Amazon ECS environments. Founded in 2016, Harness supports enterprises like Intuit and Porsche in accelerating software releases with built-in security scans and rollback mechanisms. Its agentless architecture integrates with GitHub, Jenkins, and major cloud providers.

Founded in 2007, MongoDB is a vendor of a document-oriented database that accelerates development processes of new applications. Enterprise customers can choose between the fully managed offering, MongoDB Atlas, or the self-managed version, MongoDB Enterprise Advanced. MongoDB is a popular tool among developers, and its free Community Server has recorded over 500 million downloads since 2009.

Cloudflare is a software company based in San Francisco, California, that offers security and web performance offerings by utilizing a distributed, serverless content delivery network, or CDN. The firm’s edge computing platform, Workers, leverages this network by providing clients the ability to deploy and execute code without maintaining servers.

GDS Holdings started as an IT service provider in 2001 then moved to the data center business with its first self-developed data center opening in 2010. The company now develops and operates data centers in China and also builds, operates and transfers data centers for other clients. It offers colocation and managed services and mainly targets hyperscale cloud service customers who take large areas of its data centers or even whole data centers under long-term contracts. Its data centers are located predominantly in and around the Tier 1 cities in China and it has also started an expanding into Southeast Asia via the now 38% owned DayOne. GDS listed on the Nasdaq in 2016 and completed a secondary listing in Hong Kong in 2020.

Grafana Labs is a New York- and Oslo-headquartered provider of the open-source Grafana platform for observability and visualization. The firm offers the LGTM stack featuring Grafana Mimir for metrics, Loki for logs, and Tempo for traces, available via Grafana Cloud or self-hosted Enterprise editions. Notable clients include Bloomberg, Citigroup, Dell Technologies, Salesforce, and TomTom.

NextDC operates 17 data centers in Australian cities with a focus on colocation and interconnection between enterprises, global cloud, and ICT providers and telecommunication networks. It has another 2 data centers in Asia and 13 data centers in development or planning stage in Australia, Asia and New Zealand. NextDC provides physical space, cooling, power and security services and offers optional technical and project management support. The company’s tenants store their servers within the data center and can connect to each other, to and between global public cloud providers and telecommunication network providers via physical and virtual connections. Colocation services allow enterprises to enhance security of data transmission and reduce latency.

team.blue is a Belgium-headquartered web hosting and cloud services provider operating across Europe. The company offers domain registration, shared hosting, VPS, and Microsoft 365 solutions under brands like Yourwebhoster and Combell. With data centers in Ghent and Amsterdam, team.blue supports small businesses with email services, website builders, and cybersecurity tools.

Wangsu Science & Technology Co Ltd is a China-based company engaged in the provision of telecommunication value-added services. It is mainly engaged in the provision of a content delivery network (CDN) services, Internet data center (IDC) services, and cloud service integrated solutions. The company operates its business in domestic and overseas markets.

Computacenter PLC is an IT infrastructure services provider that advises organizations on IT plans and manages customer infrastructure. The company offers user support, devices, applications, and data to support the customers through consulting, as well as the implementation and operation of networks and data center infrastructures on or off customers' premises. Computacenter operates infrastructure operation centers and group service desks across Europe, South Africa, and Asia, providing user support in multiple languages. The company's segments include the U.K., Germany, Western Europe, North America, and International, with Germany accounting for the majority of revenue.

United Internet AG is a telecommunications provider that operates through two business divisions: Access and Applications, which in turn are divided into the segments Consumer Access and Business Access and Consumer Applications and Business Applications. The Consumer Access segment which generates the majority of the revenue for the company comprises mobile internet products as well as landline-based broadband products (including the respective applications, such as home networks, online storage, telephony, Smart Home, IPTV, and video-on-demand). The company also provides a wide range of telecommunication products and services to companies and local authorities.

Applied Digital Corp is a U.S. based designer, developer, owner, and operator of large-scale, purpose-built data centers engineered to support high-performance computing (HPC) workloads, including artificial intelligence (AI), machine learning, and other accelerated-compute applications. It design, build, and operate high-performance, sustainably engineered data centers which it refer to as AI factories and deliver that capacity to investment-grade hyper scalers and other compute customers under long-term lease and hosting arrangements. The company has two segments Data Center Hosting Business, and HPC Hosting Business. The company generates majority of revenue from Data Center Hosting Business segment. Its solutions are Digital Infrastructure, and AI Factories.

Oracle Corp Japan is an information technology company. Its products cover database management, enterprise resource planning, supply chain management, data warehousing, customer relationship management, middleware, business intelligence, and application products. The firm provides cloud solutions, business solutions, industry solutions, mobile solutions, technology solutions and consulting, financing, training, cloud, and others. The company operates through three reportable segments: Cloud & License, Hardware Systems, and Services.

IONOS Group SE is an international digitalization partner and cloud enabler for small and medium-sized enterprises (SMEs), as well as for individual users and larger corporate customers. It offers a comprehensive product portfolio in the areas of web presence and productivity, as well as cloud solutions, which is further supported by customer care and infrastructure. In addition, IONOS offers an online marketplace for buying, selling, and parking domains. The company's operating segments include Digital Solutions & Cloud and AdTech. Key revenue is derived from the Digital Solutions & Cloud segment, which offers its customers customized server products and other solutions to set up an online presence and maintain their IT infrastructure. Geographically, it derives key revenue from Germany.

Together AI is a San Francisco-headquartered cloud platform for open-source AI model training and inference using GPU clusters with NVIDIA H100s. Founded in 2022, it hosts datasets like RedPajama and models such as Llama 2, serving developers at Meta and Stability AI with decentralized compute across 20 data centers worldwide.

GitLab Inc operates on an all-remote model. GitLab, a complete DevSecOps platform delivered as a single application. It operates in two competitive landscapes: DevOps point solutions and DevOps platforms. In terms of point solutions that are stitched together, GitLab’s offering is substantially different in that it is one platform, one codebase, one interface, and a unified data model that spans the entire DevSecOps lifecycle. DevOps platforms, the principal competitor is Microsoft Corporation following their acquisition of GitHub. GitLab is offered on both self-managed and software-as-a-service (SaaS) models. It is located in the United States, Europe, and Asia Pacific. It focused on accelerating innovation and broadening the distribution of its platform to companies across the world.

Cato Networks is a Tel Aviv-headquartered provider of a cloud-native SASE platform combining SD-WAN, global private backbone, and security services like firewall-as-a-service, secure web gateway, zero-trust access, and XDR. It connects branches, data centers, remote users, and clouds via multiple on-ramps for enterprises worldwide.

Island is a San Francisco-headquartered cybersecurity firm developing an enterprise web browser. Launched in 2019, its platform enforces zero-trust isolation for web apps, preventing malware and data exfiltration on employee devices. Adopted by Fortune 500 companies like Block and Snowflake, it integrates with MDM tools for policy enforcement across macOS, Windows, and ChromeOS fleets.

Box is a cloud-based content management platform that provides storage and workflow collaboration services for enterprise customers. The firm was founded in 2005 as a file, sync, and share provider. Over time, it built out and acquired workflow and security tools to evolve the pure-play FSS business into a content management business. Most recently, Box has been pursuing an AI-powered, intelligent content management strategy that can allow for metadata extraction and workflow automation.