HashiCorp soars above $5B valuation in new $175M venture round

The rise of the cloud over the past decade has forced software developers and DevOps engineers to completely rearchitect the modern web application, ensuring scalability, performance, and security. The company’s suite of products helps everyone in the tech workforce from IT admins to software developers operate in the cloud (mostly) effortlessly and natively. The company’s products have long garnered rave reviews from technical staffs, and now the company is looking at a brand new massive valuation.

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