CISO Tribune

Vendor comparison · 2 companies

Delinea vs HashiCorp

Delinea is an identity security control plane that extends privileged access management (PAM) into continuous authorization across human, machine and AI identities. HashiCorp sells The Infrastructure Cloud, an integrated platform that turns Infrastructure Lifecycle Management and Security Lifecycle Management into code. CISO Tribune files both under Privileged access management and 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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  • Delinea
  • HashiCorp
Delinea vs HashiCorp: Products, Customers and Funding Compared
DelineaDelinea is an identity security control plane that extends privileged access management (PAM) into continuous authorization across human, machine and AI identities.delinea.comHashiCorpHashiCorp sells The Infrastructure Cloud, an integrated platform that turns Infrastructure Lifecycle Management and Security Lifecycle Management into code.hashicorp.com
What it sells
  • Secret Server[1][4][5]Secret Server vaults secrets with automated rotation and session monitoring.
  • Delinea Fastpath[3]Governs access across ERP and business applications.
  • Privileged Remote Access[1][4][7]Provides remote access to critical systems.
  • Delinea Analytics[9]Detects deviations from normal user activity and scores user risk.
  • Delinea Vault[6]Rotates database credentials for PostgreSQL, MySQL and SQL Server on a schedule.
  • 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
Not stated on its pagesNot stated on its pages
Founded
Not stated on its pages2012[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: listed, seen November 10, 2026[16]
  • Gartner Peer Insights: Not stated on its pages
Who it fits
Delinea addresses the energy and utility sector and educational institutions. Delinea describes remote workers and third-party vendors as the users of its browser-based remote access solution. Delinea describes developers and remote teams as people who need access to sensitive systems and data during digital transformation projects. Delinea Analytics is described as providing visibility to IT and security teams.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
November 3, 2026October 21, 2026

Where they overlap

  • Privileged access management is the primary category of both Delinea and HashiCorp; both are also filed under Non-human identity security.

Where they differ, field by field

  • Delinea is also filed under Identity governance and administration and Identity threat detection and response. HashiCorp is also filed under Secrets detection.
  • Delinea lists Secret Server, Delinea Fastpath, Privileged Remote Access, Delinea Analytics and Delinea Vault. HashiCorp lists Vault, Boundary, HCP Terraform, Terraform Enterprise, Infragraph and 2 more.
  • HashiCorp was founded in 2012.
  • HashiCorp is owned by IBM, since 2025.

How they differ

CISO Tribune files both Delinea and HashiCorp under Privileged access management as the primary category. Delinea sells Secret Server, which vaults privileged credentials with automated rotation and session monitoring, and Privileged Remote Access, a VPN-less, browser-based RDP and SSH tool for remote workers and third-party vendors. CISO Tribune also files Delinea under Identity governance and administration and Identity threat detection and response.

HashiCorp sells Vault for secrets management operations and Boundary, which brokers credentials to targets through external sources such as HashiCorp Vault. HashiCorp packages these as The Infrastructure Cloud, which can be implemented through the HashiCorp Cloud Platform, self-managed solutions, or both. The overlap is in secrets and credential handling, while HashiCorp's offering extends into infrastructure automation.

HashiCorp was founded in 2012 and has been owned by IBM since 2025. Among the customers named for HashiCorp are Vodafone Italy, which uses HCP Terraform, and AGL, which used Terraform Enterprise. Delinea addresses the energy and utility sector and educational institutions, and a Swiss bank works with it on identity monitoring. On October 27, 2026, HashiCorp introduced the Terraform Developer Portal in public preview. Delinea has introduced a runtime AI authorization agent for policy-driven access.

What it sells: Delinea

What Secret Server does[1][4][5]
Secret Server keeps privileged account credentials in an encrypted vault that enforces password management controls. Secret Server identifies and inventories privileged accounts across an environment automatically. Secret Server records and monitors privileged sessions with audit trails and customizable reports.
What Privileged Remote Access does[1][4][7]
Delinea Privileged Remote Access (PRA) provides remote access to critical systems. Privileged Remote Access is a VPN-less, browser-based RDP and SSH solution for managing remote workers and third-party vendors. Privileged access can be managed and monitored through Privileged Remote Access.
What Delinea Analytics does[9]
Delinea Analytics continuously learns the behavior of each user and creates a unique baseline for every identity. Delinea Analytics assigns automated risk scores based on behavioral patterns. Delinea Analytics lets teams adjust risk scoring, thresholds and alerts.
What Delinea Vault does[6]
Delinea Vault rotates database credentials for PostgreSQL, MySQL and SQL Server on a schedule. Delinea Vault updates the database and the secret store at the same time.

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 Delinea and HashiCorp

What do Delinea and HashiCorp sell?
Delinea sells Secret Server, Delinea Fastpath, Privileged Remote Access, Delinea Analytics and Delinea Vault. HashiCorp sells Vault, Boundary, HCP Terraform, Terraform Enterprise, Infragraph and 2 more.
Are Delinea and HashiCorp in the same category?
Yes. Privileged access management is the primary category of both on CISO Tribune.
When were Delinea and HashiCorp founded?
HashiCorp was founded in 2012.
Who owns Delinea and HashiCorp?
HashiCorp is owned by IBM, since 2025.
Who are Delinea and HashiCorp sold to?
Delinea addresses the energy and utility sector and educational institutions. Organizations can implement The Infrastructure Cloud through the HashiCorp Cloud Platform, self-managed solutions, or a combination, across a hybrid environment.
What have Delinea 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 Delinea

Delinea is an identity security control plane that extends privileged access management (PAM) into continuous authorization across human, machine and AI identities. Delinea Iris AI, the intelligence engine built into the platform, continuously discovers every identity, analyzes its risk and authorizes every access decision in real time. Delinea has introduced a runtime AI authorization agent that can use identity and risk context to automate and enable policy-driven access. Delinea continuously applies policy across on-premises, multi-cloud and ephemeral infrastructure from a single, cloud-native platform.[1][2][3][4][8]

Delinea continuously discovers privileged accounts, monitors activity, and detects threats early. Delinea secures and governs employee access with centralized, policy-based control. Delinea continuously discovers and secures machine identities and secrets. Delinea discovers and governs AI agents with just-in-time, least-privilege access. Delinea embeds security into developer workflows with just-in-time access at the moment of execution.[2][7]

Delinea Secret Server vaults secrets with automated rotation and session monitoring. Secret Server keeps privileged account credentials in an encrypted vault that enforces password management controls. Secret Server identifies and inventories privileged accounts across an environment automatically. Secret Server handles password creation, rotation and expiration with templates and built-in automation, and enforces check-in and check-out, role-based access and approval workflows. Secret Server records and monitors privileged sessions with audit trails and customizable reports. Secret Server centralizes management of privileged account credentials for human, machine and AI identities. Delinea Vault rotates database credentials for PostgreSQL, MySQL and SQL Server on a schedule.[1][4][5][6][8]

Delinea Privileged Remote Access (PRA) provides remote access to critical systems. Privileged Remote Access is a VPN-less, browser-based Remote Desktop Protocol (RDP) and SSH solution for managing remote workers and third-party vendors. Delinea grants access just-in-time and revokes it when tasks complete. NHIs such as CI/CD pipelines, GitOps controllers and automation workflows request just-in-time access through the same approval processes as human users.[1][4][7][8]

Delinea Analytics continuously learns the behavior of each user and creates a unique baseline for every identity. Delinea Analytics assigns automated risk scores based on behavioral patterns. Delinea Analytics responds to unusual behavior with actions including MFA prompts, session terminations or alerts.[9]

Delinea supports 47 data source types across SQL and NoSQL, in 68 variants, with the same Just-in-Time access, credential protection and query-level audit trail. Delinea supports action-level control for PostgreSQL and SQL Server through its policy engine. Delinea allows developers to install DevOps applications and run processes without having local admin privileges. Delinea has out-of-the-box integrations with common DevOps tools. Delinea lets robots make API calls to get credentials from a central PAM vault and then log in to machines or services. A dynamic secret is created at the time of access request and destroyed when the session is terminated. With Delinea software, service account use can be monitored, logged and audited.[3][6][10][11]

Delinea offers privileged access protection across banking, insurance, asset management and fintech environments. Delinea works with core banking, mainframes and cloud environments, with hundreds of validated integrations. A Swiss bank works with Delinea on identity monitoring. Delinea offers PAM for the energy and utility sector. Delinea addresses ransomware and data misuse at educational institutions.[1][3][4][6][8][9][12][13]

Delinea on the record

Sources

Delinea full record

  1. [1]delinea.comDelinea · delinea.com · undated page, accessed November 3, 2026 · Tier A
  2. [2]Delinea Platform | Identity Security Powered by Iris AIDelinea · undated page, accessed November 10, 2026 · Tier A
  3. [3]Privileged Identity Security | AI Agents, AI Governance, and PAMDelinea · undated page, accessed November 10, 2026 · Tier A
  4. [4]Digital Transformation Security Solution: Safeguard IdentitiesDelinea · undated page, accessed November 10, 2026 · Tier A
  5. [5]Secret Server Enterprise Password Vault for PAMDelinea · undated page, accessed November 10, 2026 · Tier A
  6. [6]Privileged Access Management (PAM) for Databases | SolutionDelinea · undated page, accessed November 10, 2026 · Tier A
  7. [7]Delinea Platform Pricing | Options for Every OrganizationDelinea · undated page, accessed November 10, 2026 · Tier A
  8. [8]Just-in-Time and Zero Standing Privilege SolutionsDelinea · undated page, accessed November 10, 2026 · Tier A
  9. [9]Delinea Analytics Provides Actionable Security InsightsDelinea · undated page, accessed November 10, 2026 · Tier A
  10. [10]PAM for DevOps Teams | Align DevOps with your Security GoalsDelinea · undated page, accessed November 10, 2026 · Tier A
  11. [11]Service Account Management Software and ToolsDelinea · undated page, accessed November 10, 2026 · Tier A
  12. [12]PAM for Banks and Financial Institutions | Data ProtectionDelinea · undated page, accessed November 10, 2026 · Tier A
  13. [13]Credential Manager | Easy-to-Use, Enterprise-Grade VaultDelinea · undated page, accessed November 10, 2026 · Tier A
  14. [14]Delinea Secret Server Reviews & Product DetailsG2 · undated page, accessed November 10, 2026 · Tier C
  15. [15]Delinea Reviews - Gartner Peer InsightsGartner Peer Insights · undated page, accessed November 10, 2026 · Tier C

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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