2018 Year In Review

2018 Year In Review

Dec 24, 2018 | Armon Dadgar

As we approach the end of 2018, it is a good opportunity to reflect on the past year. It’s been an exciting year for HashiCorp, with many milestones. We’d like to take a moment to thank our users, customers, partners, and employees for making it possible.

There are many things we could highlight, but in the interest of keeping things brief, here are a few that we’ve chosen:

Major product delivery milestones. HashiCorp Terraform marches towards 0.12 while Terraform Enterprise has matured dramatically and become easier to use and more feature complete. Vault hit the 1.0 milestone, and we added major new features to the Enterprise version. We shipped Consul Connect, and multi-data center capabilities in Consul Enterprise, building out its capabilities as a service mesh. We also announced major updates for Nomad and it is being adopted at scale. Packer shipped many updates and is the foundation of the new Microsoft image builder service. Vagrant continues to improve and get more tightly integrated with Vagrant Cloud as well. There were many other updates -- too many to list -- that have helped continue to keep our tools at the leading edge of the industry, and to cause them to be considered world-class in their craftsmanship.

Doubling the OSS community. The end users and practitioners are the true north for us. In the last year, we’ve more than doubled our OSS downloads (from 22 million to over 45 million), added new contributors, and expanded our community footprint. This is possible because the tools work, solve real problems, and are embraced by end users.

Adding hundreds of new customers. While the OSS community leads in adoption, it's the paying customers that make HashiCorp possible. In the last year, we’ve significantly grown our annual revenues and added hundreds of customers. HashiCorp now counts more than 50 of the Fortune 500 and well over 100 of the Global 2000 among its paying customers. This is funding the growth of the company, and allows us to continue to invest in making our products better for everyone.

Expanding strong partnerships with the cloud partners and beyond. This year we continued our close collaboration with the major cloud vendors, a wide variety of technology partners, and the system integrators who help our customers with their move to cloud using HashiCorp tools. Notably, we worked with AWS, Microsoft Azure, and Google Cloud to deliver joint product and go-to-market activities throughout the year, including support for initiatives around Kubernetes. The HashiCorp Partner Program now includes 38 resellers, 117 system integrators, and 45 technology partners in North America, EMEA, and Asia Pacific.

Growing from 150 to 350+ employees. Our growth is organically driven by the need to have more people to help with customer and user demand. This is the best reason to grow, but it's no small feat to add 200+ new people in a year! We want to thank everyone for taking our principles seriously and continuing to encourage excellence in each other. The principles mean so much to us. As we continue to grow we want to continue to foster a kind and honest environment.

HashiDays Amsterdam and HashiConf San Francisco. These were two of our flagship events, and this year they were bigger, and better, than ever. The conferences allow us to bring our users, customers, press, and analysts together and share best practices, production stories, and personal perspectives. We recapped HashiDays Amsterdam, and provided the videos for HashiConf San Francisco for those who missed it.

Closing the Series D funding. We announced our Series D funding, raising $100M that allows us to continue to invest responsibly in the company even ahead of customer demand. This enables more innovation in the open source products, while growing our support, success and field organization that allow us to deliver as a trusted partner to the Global 2000 as they adopt the cloud model.

There are so many more updates we could share, but it’s really amazing to see all the progress. It’s exciting to see the energy and momentum around the company, our users, our customers, and our partners, and we are looking forward to seeing what we can achieve together in 2019. Thank you all for being a part of this journey.

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