{"id":17477,"date":"2021-11-22T05:39:30","date_gmt":"2021-11-22T00:09:30","guid":{"rendered":"https:\/\/www.seminarsonly.com\/news\/?p=17477"},"modified":"2022-04-29T10:18:22","modified_gmt":"2022-04-29T04:48:22","slug":"hashicorp-ipo-cloud-software-vendor-hashicorp-files-for-ipo","status":"publish","type":"post","link":"https:\/\/seminarsonly.com\/news\/hashicorp-ipo-cloud-software-vendor-hashicorp-files-for-ipo\/","title":{"rendered":"Hashicorp IPO : Cloud software vendor HashiCorp files for IPO"},"content":{"rendered":"<h2><span style=\"color: #800000;\">Hashicorp IPO : Cloud software vendor HashiCorp files for IPO<\/span><\/h2>\n<p>Revenue at HashiCorp, a company that helps developers manage cloud infrastructure, surged 49% in the second quarter, according to the company&#8217;s filing to go public on Thursday.<\/p>\n<p>NYSE ticker symbol &#8220;HCP&#8221; will be used to identify the corporation.<\/p>\n<p>For its 1,500 employees, HashiCorp describes itself as a &#8220;remote-first corporation with a global distributed workforce.&#8221; Mitchell Hashimoto, one of the firm&#8217;s co-founders, launched the company in 2012.<\/p>\n<h2 class=\"module-header\"><span style=\"color: #800000;\">Company Overview<\/span><\/h2>\n<div class=\"overview-container loaded\">\n<div class=\"insert-data\">\n<table style=\"height: 494px;\" width=\"773\">\n<tbody>\n<tr>\n<th>Proposed Symbol<\/th>\n<td>HCP<\/td>\n<\/tr>\n<tr>\n<th>Company Name<\/th>\n<td>HashiCorp, Inc.<\/td>\n<\/tr>\n<tr>\n<th>Exchange<\/th>\n<td>NASDAQ Global Select<\/td>\n<\/tr>\n<tr>\n<th>Share Price<\/th>\n<td>&#8212;<\/td>\n<\/tr>\n<tr>\n<th>Employees<\/th>\n<td>1650 (as of 10\/31\/2021)<\/td>\n<\/tr>\n<tr>\n<th>Status<\/th>\n<td>Filed<\/td>\n<\/tr>\n<tr>\n<th>Shares Offered<\/th>\n<td>&#8212;<\/td>\n<\/tr>\n<tr>\n<th>Offer amount<\/th>\n<td>$100,000,000.00<\/td>\n<\/tr>\n<tr>\n<th>Shares Over Alloted<\/th>\n<td>&#8212;<\/td>\n<\/tr>\n<tr>\n<th>Company Address<\/th>\n<td>101 2ND STREET, SUITE 700 SAN FRANCISCO CA 94105<\/td>\n<\/tr>\n<tr>\n<th>Company Phone<\/th>\n<td>415-301-3227<\/td>\n<\/tr>\n<tr>\n<th>Company Website<\/th>\n<td>www.HashiCorp.com<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<blockquote class=\"wp-embedded-content\" data-secret=\"nKGJW0hg4a\"><p><a href=\"https:\/\/www.seminarsonly.com\/news\/adp-login-payroll-hr-and-tax-services-how-do-i-log-into-my-adp-admin\/\">ADP Login Payroll, HR and Tax Services : How do I log into my ADP admin?<\/a><\/p><\/blockquote>\n<p><iframe class=\"wp-embedded-content\" sandbox=\"allow-scripts\" security=\"restricted\" style=\"position: absolute; clip: rect(1px, 1px, 1px, 1px);\" title=\"&#8220;ADP Login Payroll, HR and Tax Services : How do I log into my ADP admin?&#8221; &#8212; Seminarsonly.com\" src=\"https:\/\/www.seminarsonly.com\/news\/adp-login-payroll-hr-and-tax-services-how-do-i-log-into-my-adp-admin\/embed\/#?secret=Ehgry1aAsv#?secret=nKGJW0hg4a\" data-secret=\"nKGJW0hg4a\" width=\"500\" height=\"282\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\"><\/iframe><\/p>\n<\/div>\n<\/div>\n<p>Cloud-based open-source software, such as Terraform and Vault, is available from HashiCorp. Subscription revenues made up nearly all of the company&#8217;s revenue for the quarter ending July 31, up from $50.5 million in the same period last year.<\/p>\n<p><img decoding=\"async\" class=\"alignnone size-full wp-image-17479 aligncenter\" src=\"https:\/\/www.seminarsonly.com\/news\/wp-content\/uploads\/2021\/11\/hashicorp.jpg\" alt=\"hashicorp\" width=\"559\" height=\"481\" srcset=\"https:\/\/seminarsonly.com\/news\/wp-content\/uploads\/2021\/11\/hashicorp.jpg 559w, https:\/\/seminarsonly.com\/news\/wp-content\/uploads\/2021\/11\/hashicorp-300x258.jpg 300w\" sizes=\"(max-width: 559px) 100vw, 559px\" \/><\/p>\n<h2 class=\"module-header\"><span style=\"color: #800000;\">Company Financials<\/span><\/h2>\n<div class=\"insert-data-financials\">\n<table style=\"height: 292px;\" width=\"656\">\n<tbody>\n<tr>\n<th>Revenue<\/th>\n<td>$224,246,000.00<\/td>\n<\/tr>\n<tr>\n<th>Net Income<\/th>\n<td>$62,438,000.00<\/td>\n<\/tr>\n<tr>\n<th>Total Assets<\/th>\n<td>$418,896,000.00<\/td>\n<\/tr>\n<tr>\n<th>Total Liabilities<\/th>\n<td>$245,868,000.00<\/td>\n<\/tr>\n<tr>\n<th>Stockholders&#8217; Equity<\/th>\n<td>($176,085,000.00)<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<blockquote class=\"wp-embedded-content\" data-secret=\"j5sZD3JQzv\"><p><a href=\"https:\/\/www.seminarsonly.com\/news\/upstart-login-apply-online-for-personal-loans-upstart\/\">Upstart Login: Apply Online for Personal Loans &#8211; Upstart<\/a><\/p><\/blockquote>\n<p><iframe class=\"wp-embedded-content\" sandbox=\"allow-scripts\" security=\"restricted\" style=\"position: absolute; clip: rect(1px, 1px, 1px, 1px);\" title=\"&#8220;Upstart Login: Apply Online for Personal Loans &#8211; Upstart&#8221; &#8212; Seminarsonly.com\" src=\"https:\/\/www.seminarsonly.com\/news\/upstart-login-apply-online-for-personal-loans-upstart\/embed\/#?secret=A0zMOb8dmM#?secret=j5sZD3JQzv\" data-secret=\"j5sZD3JQzv\" width=\"500\" height=\"282\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\"><\/iframe><\/p>\n<\/div>\n<p>To capitalise on the rising demand for fast-growing software enterprises, the company is preparing to go public. In the most recent quarter, GitLab, a fully-remote developer collaboration platform, generated $58.1 million in sales and has a market capitalization of $16 billion. Founded in September, Toast is a company that supplies restaurants with hardware, software, and payment solutions.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Hashicorp IPO : Cloud software vendor HashiCorp files for IPO Revenue at HashiCorp, a company that helps developers manage cloud infrastructure, surged 49% in the second quarter, according to the&hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[4663,4664,4671,4668,4669,4665,4666,4662,4670,4667,4672],"class_list":["post-17477","post","type-post","status-publish","format-standard","hentry","category-news","tag-hashicorp-ipo","tag-hashicorp-ipo-2021","tag-hashicorp-ipo-2022","tag-hashicorp-ipo-filing","tag-hashicorp-ipo-how-to-buy","tag-hashicorp-ipo-price","tag-hashicorp-ipo-reddit","tag-hashicorp-ipo-sign-in","tag-hashicorp-ipo-twitter","tag-hashicorp-ipo-valuation","tag-hashicorp-ipo-value"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.2 (Yoast SEO v27.2) - 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