HashiCorp, founded in 2012, offers a cloud infrastructure automation platform valued at $5.1 billion, driving digital transformation by enabling businesses to efficiently provision, secure, and manage applications across multi-cloud environments. Their product, Vault, serves as a foundational cloud security solution for secrets management and data protection, addressing challenges such as increased risk of data breaches and inefficiencies in managing secrets across diverse systems. The document outlines the shift to a multi-cloud model and the need for unified security and operational controls in modern business environments.