IVP leads funding of cloud infrastructure company HashiCorp, valued at $1.9 bln

San Francisco-based HashiCorp, a cloud infrastructure automation company, announced it has raised $100 million in Series D funding at a company valuation of $1.9 billion. New investor IVP led the round, which included Bessemer Venture Partners, also a new investor. Existing HashiCorp investors GGV Capital, Mayfield, Redpoint Ventures and True Ventures also participated in the round. The company, founded in 2012, has now raised $174 million in total funding.

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