HashiCorp, Inc (HCP) Acquires BluBracket

HashiCorp, Inc. (NASDAQ: HCP), a leader in multi-cloud infrastructure automation software, today announced it has acquired BluBracket, an innovator in code security for developers and security engineers. With this acquisition, HashiCorp is expanding its product portfolio to enable customers to discover and manage their entire secrets inventory.

BluBracket lets organizations prevent, find, and fix risks across multiple threat vectors including source code, development environments, and code pipelines. With BluBracket’s capabilities, companies can ship secure code without compromising speed or changing developer workflows, so their teams can securely build and deliver new applications. BluBracket’s ongoing scanning of secrets will complement HashiCorp Vault’s secrets management functionality to help prevent accidental leaks and secret sprawl.

BluBracket was founded by industry veterans who previously founded Vera Security, and who’ve supported security initiatives for many of the world’s largest companies.

“We are excited to welcome BluBracket to HashiCorp,” said Dave McJannet, CEO, HashiCorp. “Security is critical for cloud platform teams as they bring order and consistency to their companies’ cloud adoption efforts, and BluBracket will help HashiCorp Vault expand into new areas as part of a more comprehensive lifecycle of managing secrets.”

“BluBracket is proud to be joining HashiCorp,” said Prakash Linga, co-founder & CEO, BluBracket. “We have long admired HashiCorp and believe our product will enrich HashiCorp Vault's secrets management user experience. We look forward to working with the HashiCorp team on building our product into Vault and collaborating on the full lifecycle of secrets management for the cloud.”

HashiCorp will initially integrate BluBracket’s functionality into HashiCorp Vault as part of ongoing efforts to expand HashiCorp’s zero trust capabilities with full secret lifecycle management by adding detection and remediation workflows, with new product capabilities expected later this year.

For more information, please read HashiCorp’s blog post here.

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