HashiCorp aiming for IPO valuation of up to $13 billion in updated S-1

HashiCorp employees at the HashiConf Startup Conference in San Francisco in October 2018. HashiCorp Cloud software supplier HashiCorp updated its initial public offering prospectus on Monday, revealing plans to sell shares at a price that would value the company as high as $13 billion. HashiCorp, which was last privately valued at $5.1 billion in 2020, … Read more

Collibra doubles valuation as investors chase next cloud winner

CEO of Collibra Felix Van de Maele. Culebra Software startup Culebra said Tuesday it has raised $250 million in a funding round valued at $5.25 billion. Collibra raised the new money in a late-stage investment led by Sequoia Capital and Belgium-based holding company Sofina, with Tiger Global also investing. The company also considers Alphabet’s CapitalG, … Read more

Cloud software vendor HashiCorp files for IPO

HashiCorp employees at the HashiConf Startup Conference in San Francisco in October 2018. HashiCorp HashiCorp, whose software helps developers manage cloud infrastructure, went public on Thursday and said revenue in the second quarter jumped 49%. The company will trade on the New York Stock Exchange under the ticker symbol “HCP”. HashiCorp is headquartered in San … Read more

Microsoft GitHub CEO Nat Friedman replaced by Thomas Dohmke

From left, GitHub CEO Chris Wanstrath, Microsoft CEO Satya Nadella, and future GitHub CEO Nat Friedman at GitHub headquarters in San Francisco. Source: Microsoft Microsoft said Wednesday that Nat Friedman, CEO of the company’s GitHub subsidiary that provides software for storing source code, has been stepping down. Thomas Dohmke, Chief Product Officer at GitHub will … Read more