HashiCorp

2017 Year in Review

As we close out the year, we wanted to reflect on our amazing progress this year.

In just the last year, we’ve gone from around 60 people with a majority in engineering, to over 160 across all groups. We’ve shipped more open source releases than in any previous years, delivered four commercial products, raised a $40M Series C, announced major partnerships, and added over a hundred new customers. And this list is only a subset of the last year!

The big question for HashiCorp as we started 2017 was: can HashiCorp the company be successful? We knew the open source projects were successful, and we had grown a limited customer base in 2016. Our new CEO David McJannet had only just recently joined, our enterprise products were still nascent and we had a small Go To Market team.

Today, we align behind a company mission to enable our users to Provision, Secure, Connect and Run any infrastructure for any application. We have four commercial products aligned to that, plus a large and growing team to make it all possible. Revenue is a trailing indicator of success, but our bookings show us that HashiCorp the company can be successful.

This year had so many milestones that it’s easy to forgot how much we’ve done. On the product side, we shipped many many updates, including Vagrant 2.0, Packer 1.0, and Consul 1.0. These are designations we take seriously, and it’s a huge testament to the work that went into getting them to a point of maturity. Commercially, Vault, Consul, Nomad, and Terraform Enterprise all became generally available this year as well. Across this suite we also integrated Sentinel, which was a major step into Policy as Code. Terraform Module Registry, has helped make Terraform easier to adopt and to scale the community. Terraform Enterprise GA is a huge milestone, as the plane was rebuilt mid-flight with existing customers.

With each product update, the tools are getting more feature rich and easier to operate. This in turn is driving more usage and adoption, which is reflected in the download numbers. Collectively, the tools have been downloaded more than 22 million times this year. Our own efforts have been accelerated through major partnerships with Microsoft and Google that were announced this year, along with our reseller and system integrator program.

While the growth of the community is obvious in the download numbers, it was equally obvious at HashiConf this year in Austin, with over 800 attendees, up from 500 in 2016. We have already announced HashiConf 2018 in San Francisco, where we expect over 1100 attendees. We also just kick-started our 50th HashiCorp User Group (HUG), showing that our community is continuing to grow both online and in person. This speaks both to the products and the hard work of so many people that make this possible.

It’s been an amazing year, and we're looking forward to everything we will accomplish in 2018!

P.S. We are hiring!

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