HashiCorp

HashiCorp Announces Fourth Quarter and Fiscal Year 2024 Financial Results

Retrieved on: 
Tuesday, March 5, 2024

Fourth quarter revenue totaled $155.8 million, representing an increase of 15% year-over-year; fiscal 2024 revenue totaled $583.1 million, representing an increase of 23% year-over-year

Key Points: 
  • Fourth quarter revenue totaled $155.8 million, representing an increase of 15% year-over-year; fiscal 2024 revenue totaled $583.1 million, representing an increase of 23% year-over-year
    Trailing four quarter average Net Dollar Retention Rate was 115% at the end of the fourth quarter of fiscal 2024 and 131% at the end of fourth quarter of fiscal 2023.
  • SAN FRANCISCO, March 05, 2024 (GLOBE NEWSWIRE) -- HashiCorp, Inc. (NASDAQ: HCP), a leading provider of multi-cloud infrastructure automation software, today announced financial results for its fourth quarter and full fiscal year 2024, ended January 31, 2024.
  • HashiCorp ended the fourth quarter of fiscal 2024 with 4,423 customers, up from 4,354 customers at the end of the previous fiscal quarter and 3,870 customers at the end of the fourth quarter of fiscal 2023.
  • Quarterly subscription revenue from HashiCorp Cloud Platform (HCP) reached $21.3 million in the fourth quarter of fiscal 2024, increased from $19.9 million in the previous fiscal quarter and increased from $14.5 million in the fourth quarter of fiscal 2023.

Entro Extends Machine Secrets and Identities Protection With Machine Identity Lifecycle Management, More Integrations

Retrieved on: 
Tuesday, February 27, 2024

It also helps enforce best practices for managing secrets in CI/CD pipelines, communication and collaboration platforms, and for retiring secrets and other critical lifecycle events.

Key Points: 
  • It also helps enforce best practices for managing secrets in CI/CD pipelines, communication and collaboration platforms, and for retiring secrets and other critical lifecycle events.
  • The company also announced new integrations of the Entro platform with CIFS/SMB File Shares and Microsoft SharePoint.
  • Already a pioneer transforming non-human identity management, Entro is the first holistic secrets security platform that detects, safeguards and enriches with context, machine and non-human identities.
  • The new Machine Identity Lifecycle Management and integration capabilities build on Entro’s proven technology to rapidly discover all the context surrounding machine secrets from vaults to app code to the dark web.

Clarifai Hires Chris Kent as SVP Marketing

Retrieved on: 
Tuesday, February 27, 2024

WASHINGTON, Feb. 27, 2024 /PRNewswire/ -- Clarifai, a global leader in AI development and a pioneer of the full-stack AI platform, announced today that Chris Kent will join as SVP of Marketing as Clarifai expands into more enterprises, enabling them to build and operationalize AI faster.

Key Points: 
  • WASHINGTON, Feb. 27, 2024 /PRNewswire/ -- Clarifai , a global leader in AI development and a pioneer of the full-stack AI platform, announced today that Chris Kent will join as SVP of Marketing as Clarifai expands into more enterprises, enabling them to build and operationalize AI faster.
  • Kent brings decades of marketing and category creation experience to Clarifai, which has spent 10 years perfecting its capabilities to enable teams to build AI in minutes, not months, and unlock value instantly.
  • Kent was formerly VP of Product, Solutions, Partner and Customer Marketing for Cohesity and VP of Product Marketing for HashiCorp, where he helped grow the company to over $300 million ARR and a successful IPO.
  • "Clarifai is perfectly timed to establish itself as a leader in this category given the need of companies to quickly operationalize AI and stay ahead of competitors," said Kent.

Clarifai Hires Chris Kent as SVP Marketing

Retrieved on: 
Tuesday, February 27, 2024

WASHINGTON, Feb. 27, 2024 /PRNewswire/ -- Clarifai, a global leader in AI development and a pioneer of the full-stack AI platform, announced today that Chris Kent will join as SVP of Marketing as Clarifai expands into more enterprises, enabling them to build and operationalize AI faster.

Key Points: 
  • WASHINGTON, Feb. 27, 2024 /PRNewswire/ -- Clarifai , a global leader in AI development and a pioneer of the full-stack AI platform, announced today that Chris Kent will join as SVP of Marketing as Clarifai expands into more enterprises, enabling them to build and operationalize AI faster.
  • Kent brings decades of marketing and category creation experience to Clarifai, which has spent 10 years perfecting its capabilities to enable teams to build AI in minutes, not months, and unlock value instantly.
  • Kent was formerly VP of Product, Solutions, Partner and Customer Marketing for Cohesity and VP of Product Marketing for HashiCorp, where he helped grow the company to over $300 million ARR and a successful IPO.
  • "Clarifai is perfectly timed to establish itself as a leader in this category given the need of companies to quickly operationalize AI and stay ahead of competitors," said Kent.

Clarifai Hires Amith Nair as President and COO

Retrieved on: 
Tuesday, February 20, 2024

WASHINGTON, Feb. 20, 2024 /PRNewswire/ -- Clarifai, a global leader in AI development and a pioneer of the full-stack AI platform, today announced that Amith Nair will join as President and COO, guiding enterprise customers through the shift from AI exploration to building AI faster and realizing meaningful value.

Key Points: 
  • "We're thrilled to add Amith to our team and the timing is perfect," said Matt Zeiler, Ph.D., Founder and CEO of Clarifai.
  • Clarifai was built to deliver and Amith will ensure we are best supporting developers and teams in running AI at scale in minutes, not months."
  • Prior to Clarifai, Nair served in senior leadership positions in product, operations and marketing strategy at Cohesity, HashiCorp and Microsoft.
  • "Adding Amith to Clarifai as COO is a game changer!

Clarifai Hires Amith Nair as President and COO

Retrieved on: 
Tuesday, February 20, 2024

WASHINGTON, Feb. 20, 2024 /PRNewswire/ -- Clarifai, a global leader in AI development and a pioneer of the full-stack AI platform, today announced that Amith Nair will join as President and COO, guiding enterprise customers through the shift from AI exploration to building AI faster and realizing meaningful value.

Key Points: 
  • "We're thrilled to add Amith to our team and the timing is perfect," said Matt Zeiler, Ph.D., Founder and CEO of Clarifai.
  • Clarifai was built to deliver and Amith will ensure we are best supporting developers and teams in running AI at scale in minutes, not months."
  • Prior to Clarifai, Nair served in senior leadership positions in product, operations and marketing strategy at Cohesity, HashiCorp and Microsoft.
  • "Adding Amith to Clarifai as COO is a game changer!

HashiCorp to announce fourth quarter and fiscal year 2024 financial results Mar. 5, 2024

Retrieved on: 
Friday, February 9, 2024

SAN FRANCISCO, Feb. 09, 2024 (GLOBE NEWSWIRE) -- HashiCorp, Inc. (NASDAQ: HCP), a leading provider of multi-cloud infrastructure automation software, today announced it will release financial results for its fourth quarter and full 2024 fiscal year, which ended Jan. 31, 2024, after the U.S. markets close Tuesday, Mar.

Key Points: 
  • SAN FRANCISCO, Feb. 09, 2024 (GLOBE NEWSWIRE) -- HashiCorp, Inc. (NASDAQ: HCP), a leading provider of multi-cloud infrastructure automation software, today announced it will release financial results for its fourth quarter and full 2024 fiscal year, which ended Jan. 31, 2024, after the U.S. markets close Tuesday, Mar.
  • 5, 2024.
  • In conjunction with this announcement, HashiCorp will host a conference call Tuesday, Mar.
  • 5, 2024 at 2 p.m. Pacific to discuss HashiCorp’s financial results and financial guidance.

Carahsoft Announces Support for HashiCorp Products in AWS Marketplace

Retrieved on: 
Tuesday, January 23, 2024

Carahsoft’s DSOR Program features flexible pricing terms, simplified billing, quick deployment, and license management, making it easier to purchase software and services from AWS Marketplace vendors, such as HashiCorp.

Key Points: 
  • Carahsoft’s DSOR Program features flexible pricing terms, simplified billing, quick deployment, and license management, making it easier to purchase software and services from AWS Marketplace vendors, such as HashiCorp.
  • Carahsoft serves as HashiCorp’s Master Government Aggregator® and manages its AWS Marketplace distribution through Carahsoft’s DSOR Program.
  • HashiCorp Cloud Platform (HCP) is a fully managed platform offering HashiCorp products as a service to automate infrastructure and security on the cloud.
  • Through HashiCorp’s collaboration with Carahsoft and availability in AWS Marketplace, Public Sector customers now have an additional option to support Government purchases.

Torq Achieves 300% Revenue Growth and 500% Customer Growth Across 2023, and Raises $120m Total Funding, Setting Up Aggressive Scale and Innovation for 2024

Retrieved on: 
Tuesday, January 23, 2024

Torq’s significantly increasing customer momentum included the signing of major new logos, including Blackstone, Carvana, Deepwatch, Nubank, Riskified, Rivian, Telefonica, and ZoomInfo.

Key Points: 
  • Torq’s significantly increasing customer momentum included the signing of major new logos, including Blackstone, Carvana, Deepwatch, Nubank, Riskified, Rivian, Telefonica, and ZoomInfo.
  • In addition, Torq announced the new Torq Partner Acceleration and Torq For MDR programs.
  • Together, Morris, Jeter, and Muir are helping propel Torq into its next phase of aggressive growth and shaping the company’s strategic approach to maximize pipeline, customer engagement, and brand and partner reach.
  • Instead, Torq offers its partner ecosystem–including Optiv, Guidepoint, Trace3, Stratascale, and TD Synnex–a customer outcome-based tiering system.

HashiCorp appoints Michael Weingartner as Chief Product Officer, promotes Talha Tariq to Chief Information Officer and Chief Security Officer

Retrieved on: 
Monday, January 8, 2024

SAN FRANCISCO, Jan. 08, 2024 (GLOBE NEWSWIRE) -- HashiCorp, Inc. (NASDAQ: HCP), a leader in multi-cloud infrastructure automation software, today announced that Michael Weingartner has joined HashiCorp as its first Chief Product Officer (CPO), and that Talha Tariq has been promoted to Chief Information Officer (CIO) and Chief Security Officer (CSO).

Key Points: 
  • SAN FRANCISCO, Jan. 08, 2024 (GLOBE NEWSWIRE) -- HashiCorp, Inc. (NASDAQ: HCP), a leader in multi-cloud infrastructure automation software, today announced that Michael Weingartner has joined HashiCorp as its first Chief Product Officer (CPO), and that Talha Tariq has been promoted to Chief Information Officer (CIO) and Chief Security Officer (CSO).
  • His experience will be invaluable as we continue to scale HashiCorp,” said Dave McJannet, CEO, HashiCorp.
  • Armon Dadgar will continue in his role as Chief Technology Officer, where he interacts daily with HashiCorp customers and partners.
  • Prior to HashiCorp, Tariq served as Chief Information Security Officer at Anki and FinancialForce and held various security leadership positions at PwC and Microsoft.