Take a unified approach to hybrid cloud by building on a decade of community contributions, then pull up the ladder behind you when it's time to IPO.
*Terms and conditions apply. "Code" refers to code you can look at but can't compete with. "Infrastructure" refers to our bank accounts.
*"Right" means whatever maximizes shareholder value at any given moment
Go to market faster with developer self-service. By the time you realize you're dependent on us, it'll be too expensive to leave. That's the dream!
We raised $350M in VC funding and they wanted returns. You didn't think all those free tools were actually free, did you? Adorable.
Warren Buffett said to build a moat around your business. He didn't say how. We got creative. Your migration costs are our moat.
Thousands of contributors spent years building these tools for free. We gave them mass exposure and mass gratitude. The mass paycheck went to us though.
Acquired by IBM for $6.4B! The same IBM that bought Red Hat for "open source innovation." How's that going? Ask the people they laid off.
Perfect for enterprises who love paying for things that used to be free. Your procurement team will be thrilled.
A brief history of building trust, then cashing it in
Mitchell Hashimoto creates Vagrant. Open source ethos! Community love! This is what tech should be!
Infrastructure as Code goes mainstream. Thousands of contributors help build something amazing. MPL-2.0 forever!
Community contributes millions of lines of code. Providers, modules, documentation. HashiCorp becomes synonymous with IaC. Everyone's happy!
Surprise license change! Blog post goes live on a Friday afternoon. Classic move. Thanks for a decade of contributions, we'll take it from here.
Community says "lol no" and forks Terraform. Linux Foundation steps in. The real open source lives on. Oops.
$6.4 BILLION acquisition! IBM needed another thing to put on a PowerPoint slide about "hybrid cloud." We needed an exit. A match made in corporate heaven.
Nothing changes. Synergies are leveraged. Quarterly earnings calls happen. The community moved on. OpenTofu thrives. Circle of life.
Previously open source, now "source available" (not the same thing)
Infrastructure as Code that millions learned to depend on. We're like the dealer who gives you the first hit free. Except the first 9 years were free. Now pay up.
NOT OPEN SOURCESecrets management for the modern enterprise. We'll keep your secrets safe. Our secret? We were always going to monetize this.
NOT OPEN SOURCEService mesh and service discovery. Connect your services seamlessly! Disconnect from the illusion that corporations have principles.
NOT OPEN SOURCEWorkload orchestration made simple. Like Kubernetes but you didn't learn Kubernetes so now you're stuck with us. We respect that kind of commitment.
NOT OPEN SOURCE"We remain committed to the community and the values that got us here."- Every company's PR team after the decisions are already made
Just use OpenTofu and actually support open source.
Check Out OpenTofu