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company

HashiCorp

Infrastructure automation company known for Terraform, Vault, Consul, and other DevOps tools. Co-founded by Mitchell Hashimoto and Armon Dadgar. Controversially switched from open source to Business Source License in 2023. Acquired by IBM for $6.4 billion in 2025.

Notable Alumni

Co-founder
Jan 1, 2012 – Dec 15, 2023

Track Record

In August 2023, HashiCorp relicensed Terraform, Vault, Consul, and other products from the Mozilla Public License (open source) to the Business Source License (not open source). The move prompted the creation of OpenTofu, a community fork. Mitchell Hashimoto was an individual contributor at the time, not in a leadership role making this decision.