China: GGV, Redpoint lead HashiCorp's $40m round; GSR Ventures to raise $325m fund VI

China: GGV, Redpoint lead HashiCorp's $40m round; GSR Ventures to raise $325m fund VI

REUTERS/Thomas White/Illustration

Cloud infrastructure automation company HashiCorp has raised $40 million in a Series C funding round led by existing investors GGV Capital and Redpoint while early stage tech-focused venture capital firm GSR Ventures is raising up to $325 million for its sixth fund.

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