HashiCorp raises $175 million in late-stage round for $5.1B valuation

575

San Francisco-based cloud computing firm HashiCorp Inc. today said it has raised $175 million in a Series E round of funding, giving the company a valuation of $5.1 billion. The Series E financing came from Franklin Templeton Investments. Only in late 2018, the HashiCorp was valued at $1.9 billion.

[Source: SiliconANGLE]