CISO Tribune

Vendor comparison · 2 companies

Cygrid vs HashiCorp

Cygrid sells a platform that finds shadow AI, over-scoped tokens and leftover admin rights across SaaS, checks every action by humans, service accounts and AI agents, and secures actions by applying customer policy. HashiCorp sells The Infrastructure Cloud, an integrated platform that turns Infrastructure Lifecycle Management and Security Lifecycle Management into code. CISO Tribune files both under Non-human identity security. This page sets the two records side by side: what each sells, where it is based, who owns and funds it, the customers it names and its recent news, each fact numbered to its source.

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Up to four companies side by side.

  • Cygrid
  • HashiCorp
Cygrid vs HashiCorp: Products, Customers and Funding Compared
CygridCygrid sells a platform that finds shadow AI, over-scoped tokens and leftover admin rights across SaaS, checks every action by humans, service accounts and AI agents, and secures actions by applying customer policy.cygrid.ioHashiCorpHashiCorp sells The Infrastructure Cloud, an integrated platform that turns Infrastructure Lifecycle Management and Security Lifecycle Management into code.hashicorp.com
What it sells
  • Identity Intelligence Graph[1][4]Holds humans, non-human identities, AI agents, tokens, MCP servers and resources in one graph.
  • MCP Gateway[3][8]Sits in the tool-call path and audits, allows, rewrites or blocks every agent tool call at runtime.
  • Vault[1][4][7][8][9]Vault is used for secrets management operations.
  • Boundary[1][7][8]Boundary brokers credentials to targets through external credential sources such as HashiCorp Vault.
  • HCP Terraform[4][6][10][11]HCP Terraform provisions cloud resources through automation.
  • Terraform Enterprise[10]Terraform Enterprise is an infrastructure as code tool.
  • Infragraph[4]Infragraph gives a view of a hybrid estate through a knowledge graph.
  • Packer[8]Packer workflows are used for image compliance in Azure.
  • HashiCorp Cloud PlatformHCP is a unified suite of SaaS products for infrastructure and security lifecycle management.
Categories
Headquarters
Berlin, Germany[2]Not stated on its pages
Founded
2026[2][3]2012[2]
Ownership and funding
Not stated on its pagesOwned by IBM since 2025[3][6][11][12][15][16]
Named customers
Not stated on its pagesNot stated on its pages
Recent news
Not stated on its pages
  • October 27, 2026HashiCorp introduced the Terraform Developer Portal in public preview, according to a post listed on its Terraform blog.[15]
G2 and Gartner Peer Insights
  • G2: Not stated on its pages
  • Gartner Peer Insights: Not stated on its pages
  • G2: listed, seen November 10, 2026[16]
  • Gartner Peer Insights: Not stated on its pages
Who it fits
Finance teams whose AI agents work with ledger and bank data are among the audiences it addresses. Mid-sized retailers that run several stores are among the audiences it addresses. IT operations teams dealing with unused accounts, standing admin rights and forgotten tokens across SaaS are an audience, as are security and compliance teams that need evidence for NIS2, DORA and the EU AI Act.Organizations can implement The Infrastructure Cloud through the HashiCorp Cloud Platform, self-managed solutions, or a combination, across a hybrid environment. Customers named on its pages include a company that partners with medical organizations and an Italian telecommunications company. HCP Terraform is described with minimum privileges for developers, cloud engineers, and operations managers.
Last verified
October 23, 2026October 21, 2026

Where they overlap

  • Cygrid and HashiCorp are both filed under Non-human identity security.

Where they differ, field by field

  • Cygrid's primary category is Non-human identity security; HashiCorp's is Privileged access management.
  • Cygrid is also filed under AI governance, AI firewalls and guardrails and Identity threat detection and response. HashiCorp is also filed under Secrets detection.
  • Cygrid lists Identity Intelligence Graph and MCP Gateway. HashiCorp lists Vault, Boundary, HCP Terraform, Terraform Enterprise, Infragraph and 2 more.
  • Cygrid is headquartered in Berlin, Germany.
  • Cygrid was founded in 2026. HashiCorp was founded in 2012.
  • HashiCorp is owned by IBM, since 2025.

What it sells: Cygrid

What Identity Intelligence Graph does[1][4]
Cygrid models the action, meaning the permission actually in play, in full context. The graph models access as SaaS actions rather than roles, so risk can be compared across tools.

What it sells: HashiCorp

What Boundary does[1][7][8]
Boundary integrates with external credential sources such as HashiCorp Vault to broker credentials to targets. HashiCorp describes using Boundary to automatically discover target hosts and services for access to on-demand infrastructure.
What HCP Terraform does[4][6][10][11]
HCP Terraform enables automated provisioning of cloud resources. Vodafone Italy uses HCP Terraform to create databases, set up its repository and team structure on GitHub, and create CI/CD pipelines.
What Terraform Enterprise does[10]
Terraform Enterprise helped AGL create configuration files to define infrastructure. AGL chose Terraform Enterprise over the community edition because of its enterprise-specific features.
What Infragraph does[4]
Infragraph delivers a single pane of glass view of a hybrid estate through a centralized, event-driven knowledge graph. HCP Terraform Standard and Premium customers now have access to Infragraph.
What HashiCorp Cloud Platform does
The HashiCorp Cloud Platform (HCP) is a unified suite of SaaS products that automate the lifecycle management of the infrastructure and security supporting critical applications. Organizations can implement The Infrastructure Cloud through HCP, self-managed solutions, or a combination of the two.

Questions about Cygrid and HashiCorp

What do Cygrid and HashiCorp sell?
Cygrid sells Identity Intelligence Graph and MCP Gateway. HashiCorp sells Vault, Boundary, HCP Terraform, Terraform Enterprise, Infragraph and 2 more.
Are Cygrid and HashiCorp in the same category?
They share Non-human identity security. Cygrid's primary category is Non-human identity security and HashiCorp's is Privileged access management.
Where are Cygrid and HashiCorp headquartered?
Cygrid is headquartered in Berlin, Germany.
When were Cygrid and HashiCorp founded?
Cygrid was founded in 2026. HashiCorp was founded in 2012.
Who owns Cygrid and HashiCorp?
HashiCorp is owned by IBM, since 2025.
Who are Cygrid and HashiCorp sold to?
Finance teams whose AI agents work with ledger and bank data are among the audiences it addresses. Organizations can implement The Infrastructure Cloud through the HashiCorp Cloud Platform, self-managed solutions, or a combination, across a hybrid environment.
What have Cygrid and HashiCorp announced recently?
October 27, 2026: HashiCorp introduced the Terraform Developer Portal in public preview, according to a post listed on its Terraform blog.

About Cygrid

Cygrid sells a platform that finds shadow AI, over-scoped tokens and leftover admin rights across SaaS, checks every action by humans, service accounts and AI agents, and secures actions by applying customer policy. Cygrid puts humans, service accounts, API connections and AI agents in one Identity Intelligence Graph. Cygrid connects identity, SaaS, cloud and AI sources into the Identity Intelligence Graph and secures every identity at three enforcement points: before first use, while access exists and at runtime. Cygrid offers one platform to discover, clean up, audit and secure access across SaaS.[1][4][5][6][9]

Cygrid models the action, meaning the permission actually in play, in full context. The graph records what each identity may do, what it actually does and on whose behalf, and policy rules and AI-driven analysis score the risk together. Cygrid discovers the AI agents, MCP servers and connected apps across SaaS, maps each one to the person it acts for, and records who approved what.[4][5][7]

The Cygrid MCP Gateway sits in the tool-call path and audits, allows, rewrites or blocks every agent tool call at runtime, decided by the same graph as every other enforcement point. Every MCP tool call is authenticated through the customer identity provider, tied to the person behind the agent and checked against policy down to the tool and parameter. In the MCP Gateway, credentials are issued just in time, and every call is logged. Cygrid keeps a registry of approved MCP servers with owner, provenance and version, and pauses a server whose tools change until it is re-reviewed. Cygrid verdicts include allow, downscope, block, revoke on approval or grant just in time, and each verdict is written to an immutable decision log. Cygrid issues a scoped credential at the moment of use and lets it expire. Cygrid removes standing admin and grants elevated access on request, for a limited time.[5][8][9][10][11]

Okta, Entra ID or Google Workspace can sync users, groups and offboarding to the MCP Gateway, so access follows the person. Cygrid ingests existing security tools as feeds and does not replace them. Cygrid connectors are read-only by default, with write access only for fixes the customer approves. On approval, Cygrid revokes risky access, orphaned accounts and dormant tokens at the source, blocks unapproved MCP servers and controls which identities AI agents use. Cygrid inventories every OAuth grant, API key, service account and AI app connection, and revokes the risky ones. Cygrid works with ChatGPT, Claude, Claude agents and more, plus any agent that connects through MCP or OAuth.[5][6][8][9][12]

In a finance example, an AI assistant on Drive can read, edit and share files while every delete is blocked. When an agent asks to export 100,000 records, Cygrid blocks the call or reduces it to the 500-record limit before it reaches the app. For e-commerce, Cygrid maps staff, apps and AI agents with access in every Shopify store and flags dormant admins and over-scoped app tokens. Cygrid grants temporary staff, agencies and freelancers time-limited access and removes it automatically when the work ends.[13][14]

Cygrid audits every identity and its access, enforces customer policies on every action, and generates evidence for NIS2, DORA and the EU AI Act from one live graph. Cygrid fills in a register of ICT third parties, including OAuth apps and AI agents, automatically from the graph. Cygrid finds shadow admins whose rights come through groups and never appear in the admin list of the platform, and shows the path from user to group to role. The Cygrid gateway inspects tool calls, not content, and its logs record each action and the person behind it, never prompts. Cygrid is ISO 27001 audited, has SOC 2 Type II in progress and has passed an external penetration test. Cygrid is hosted in Frankfurt across multiple availability zones.[1][4][7][8][12][13][14]

Cygrid on the record

Sources

Cygrid full record

  1. [1]cygrid.ioCygrid · cygrid.io · undated page, accessed October 23, 2026 · Tier A
  2. [2]AboutCygrid · cygrid.io · undated page, accessed October 23, 2026 · Tier A
  3. [3]Cygrid emerges from stealthCygrid · cygrid.io · published October 22, 2026 · Tier A
  4. [4]Identity Enforcement for AI-Driven Enterprises | CygridCygrid · undated page, accessed November 10, 2026 · Tier A
  5. [5]Identity Enforcement Platform | CygridCygrid · undated page, accessed November 10, 2026 · Tier A
  6. [6]Least Privilege Across Your SaaS | CygridCygrid · undated page, accessed November 10, 2026 · Tier A
  7. [7]Identity Intelligence Graph | CygridCygrid · undated page, accessed November 10, 2026 · Tier A
  8. [8]MCP Gateway for AI Agents | CygridCygrid · undated page, accessed November 10, 2026 · Tier A
  9. [9]Secure AI Agent Rollout for AI Teams | CygridCygrid · undated page, accessed November 10, 2026 · Tier A
  10. [10]Identity Enforcement Use Cases | CygridCygrid · undated page, accessed November 10, 2026 · Tier A
  11. [11]Integrations: Okta, Entra ID, SaaS & AI | CygridCygrid · undated page, accessed November 10, 2026 · Tier A
  12. [12]Identity Policy Enforcement & Compliance | CygridCygrid · undated page, accessed November 10, 2026 · Tier A
  13. [13]Identity Enforcement for Fintech & NIS2/DORA | CygridCygrid · undated page, accessed November 10, 2026 · Tier A
  14. [14]Identity Enforcement for E-commerce | CygridCygrid · undated page, accessed November 10, 2026 · Tier A

HashiCorp full record

  1. [1]hashicorp.comHashiCorp · hashicorp.com · undated page, accessed October 21, 2026 · Tier A
  2. [2]AboutHashiCorp · hashicorp.com · undated page, accessed October 21, 2026 · Tier A
  3. [3]PressHashiCorp · hashicorp.com · undated page, accessed October 21, 2026 · Tier A
  4. [4]HashiCorp | An IBM CompanyHashiCorp · undated page, accessed November 10, 2026 · Tier A
  5. [5]HCP Brand Guidelines - Product LogosHashiCorp · undated page, accessed November 10, 2026 · Tier A
  6. [6]HashiCorp Product PricingHashiCorp · undated page, accessed November 10, 2026 · Tier A
  7. [7]Topics in the Security categoryHashiCorp · published October 29, 2026 · Tier A
  8. [8]Security with HashiCorp and Microsoft AzureHashiCorp · undated page, accessed November 10, 2026 · Tier A
  9. [9]HashiCorp - athenahealthHashiCorp · undated page, accessed November 10, 2026 · Tier A
  10. [10]HashiCorp - AGL EnergyHashiCorp · undated page, accessed November 10, 2026 · Tier A
  11. [11]HashiCorp - Vodafone ItalyHashiCorp · undated page, accessed November 10, 2026 · Tier A
  12. [12]Privacy at HashiCorpHashiCorp · published April 20, 2026 · Tier A
  13. [13]Security at HashiCorpHashiCorp · undated page, accessed November 10, 2026 · Tier A
  14. [14]Technical Support Services and PoliciesHashiCorp · undated page, accessed November 10, 2026 · Tier A
  15. [15]The Stack by HashiCorpHashiCorp · published October 27, 2026 · Tier A
  16. [16]IBM Terraform (formerly HashiCorp Terraform) Reviews 2026G2 · undated page, accessed November 10, 2026 · Tier C

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