CISO Tribune

Vendor comparison · 2 companies

HashiCorp vs Orchid Security

HashiCorp sells The Infrastructure Cloud, an integrated platform that turns Infrastructure Lifecycle Management and Security Lifecycle Management into code. Orchid Security sells an identity-first security platform that discovers, analyzes, governs, and proves identity controls across applications. 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.

Change the companies

Up to four companies side by side.

  • HashiCorp
  • Orchid Security
HashiCorp vs Orchid Security: Products, Customers and Funding Compared
HashiCorpHashiCorp sells The Infrastructure Cloud, an integrated platform that turns Infrastructure Lifecycle Management and Security Lifecycle Management into code.hashicorp.comOrchid SecurityOrchid Security sells an identity-first security platform that discovers, analyzes, governs, and proves identity controls across applications.orchid.security
What it sells
  • 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.
  • Orchid Security PlatformAn identity-first security platform that discovers, analyzes, governs, and proves identity controls across all applications.
  • Orchid Identity Audit[8]Continuous observability to identify Identity Dark Matter across all managed and unmanaged environments.
Categories
Headquarters
Not stated on its pagesNot stated on its pages
Founded
2012[2]Not stated on its pages
Ownership and funding
Owned by IBM since 2025[3][6][11][12][15][16]Not stated on its pages
Named customers
Not stated on its pagesNot stated on its pages
Recent news
  • October 27, 2026HashiCorp introduced the Terraform Developer Portal in public preview, according to a post listed on its Terraform blog.[15]
  • September 15, 2026Orchid Security unveiled AI readiness controls for AI agents, covering ongoing identity drift detection and kill switches operating at the application level.[14]
  • September 9, 2026Orchid Security announced identity drift detection and application-level kill switches for AI agents.[12]
  • May 28, 2026Orchid Security extended its Identity Control Plane with capabilities aimed at governing AI agents.[13]
  • February 5, 2026Orchid Security unveiled Identity Audit, which combines audit data from unmanaged applications with audit logs from governed IAM systems into a unified view of identity activity.[11]
G2 and Gartner Peer Insights
  • G2: listed, seen November 10, 2026[16]
  • Gartner Peer Insights: Not stated on its pages
  • G2: Not stated on its pages
  • Gartner Peer Insights: Not stated on its pages
Who it fits
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.From its own pages, Orchid Security sells mainly to teams in regulated industries under audit pressure and to identity programs with persistent blind spots. Orchid says it covers self-hosted and SaaS applications, along with cloud, on-prem, legacy, and custom-built applications. Orchid describes the risk of orphaned accounts left behind during an acquisition, so organisations that grow through acquisitions are among the buyers it addresses. Orchid integrates with existing IAM, PAM, and IGA tools rather than replacing them, so it speaks to organisations that already run those systems.
Last verified
October 21, 2026October 29, 2026

Where they overlap

  • HashiCorp and Orchid Security are both filed under Privileged access management and Non-human identity security.

Where they differ, field by field

  • HashiCorp's primary category is Privileged access management; Orchid Security's is Identity governance and administration.
  • HashiCorp is also filed under Secrets detection. Orchid Security is also filed under AI model and agent security.
  • HashiCorp lists Vault, Boundary, HCP Terraform, Terraform Enterprise, Infragraph and 2 more. Orchid Security lists Orchid Security Platform and Orchid Identity Audit.
  • HashiCorp was founded in 2012.
  • HashiCorp is owned by IBM, since 2025.

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.

What it sells: Orchid Security

What Orchid Security Platform does
Orchid discovers SaaS, cloud, on-prem, legacy, and custom-built applications automatically. Orchid analyzes authentication and authorization flows, detects risk, enforces policies, and automates remediation. Orchid integrates with existing IAM, PAM, and IGA tools to enhance visibility and governance.
What Orchid Identity Audit does[8]
Orchid Identity Audit maps identities across all applications, including those using legacy or retired domains. Orchid identifies high risk accounts that lack ownership or appear in dark web credential leaks. Orchid provides continuous evidence of decommissioned accounts.

Questions about HashiCorp and Orchid Security

What do HashiCorp and Orchid Security sell?
HashiCorp sells Vault, Boundary, HCP Terraform, Terraform Enterprise, Infragraph and 2 more. Orchid Security sells Orchid Security Platform and Orchid Identity Audit.
Are HashiCorp and Orchid Security in the same category?
They share Privileged access management and Non-human identity security. HashiCorp's primary category is Privileged access management and Orchid Security's is Identity governance and administration.
When were HashiCorp and Orchid Security founded?
HashiCorp was founded in 2012.
Who owns HashiCorp and Orchid Security?
HashiCorp is owned by IBM, since 2025.
Who are HashiCorp and Orchid Security sold to?
Organizations can implement The Infrastructure Cloud through the HashiCorp Cloud Platform, self-managed solutions, or a combination, across a hybrid environment. From its own pages, Orchid Security sells mainly to teams in regulated industries under audit pressure and to identity programs with persistent blind spots.
What have HashiCorp and Orchid Security announced recently?
October 27, 2026: HashiCorp introduced the Terraform Developer Portal in public preview, according to a post listed on its Terraform blog. September 15, 2026: Orchid Security unveiled AI readiness controls for AI agents, covering ongoing identity drift detection and kill switches operating at the application level.

About HashiCorp

HashiCorp sells The Infrastructure Cloud, an integrated platform that turns Infrastructure Lifecycle Management and Security Lifecycle Management into code. The Infrastructure Cloud automates workflows and serves as a central system of record. Infrastructure and Security Lifecycle Management, shortened to ILM and SLM, are the foundation of The Infrastructure Cloud. HashiCorp organizes its commercial products by Infrastructure and Security portfolios.[4][5]

The HashiCorp Cloud Platform, or HCP, is a unified suite of SaaS products that automate the lifecycle management of the infrastructure and security supporting an organization's most critical applications. HashiCorp lets organizations implement The Infrastructure Cloud through the HashiCorp Cloud Platform, through self-managed solutions, or through a combination of the two. The Infrastructure Cloud automates provisioning, enforces policies, and standardizes how teams work across a hybrid environment. HashiCorp offers identity-based access controls and secrets management for hybrid cloud security. Terraform, Vault, and Consul are among HashiCorp products.[1][4][9]

IBM Terraform provides automated infrastructure as code provisioning and management through a platform approach across cloud, private data centers, and SaaS infrastructure. A self-managed IBM Terraform option is for enterprises with security, compliance, and operational needs. HCP Terraform Standard and Premium customers now have access to Infragraph. Infragraph delivers a single pane of glass view of a hybrid estate through a centralized, event-driven knowledge graph.[4]

Boundary brokers credentials to targets by integrating with external credential sources such as HashiCorp Vault. HashiCorp describes using Boundary to automatically discover target hosts and services to address access to on-demand infrastructure. HashiCorp describes using Azure Active Directory to verify the identity of a Vault user when applying access control and enforcing governance requirements in cloud resources. HashiCorp describes a Packer workflow for maintaining image compliance in Azure.[7][8]

AGL used Terraform Enterprise to create configuration files that define infrastructure, and AGL later moved from Terraform Enterprise to HCP Terraform. Vodafone Italy uses HCP Terraform to create databases, set up its repository and team structure on GitHub, and create CI/CD pipelines on Jenkins and Microsoft Azure DevOps Services. Vodafone Italia S.p.A. is an Italian telecommunications company.[10]

HCP Terraform includes role-based access control and Sentinel policy capabilities, with minimum privileges for developers, cloud engineers, and operations managers. Vodafone Italy developers can use Terraform modules served through the private registry to stand up the infrastructure a service or microservice demands.

HashiCorp, Inc. has been acquired by International Business Machines Corporation, as of February 27th, 2025, and will be integrated into the IBM organization. HashiCorp holds a SOC 2 Type 2 report and ISO 27001, ISO 27017 and ISO 27018 certifications. HashiCorp hires external third parties to perform regular security assessment and penetration testing of its products. HashiCorp provides Long-Term Support releases for certain commercial products. LTS versions let customers stay on a supported major version for up to two years at a time, and HashiCorp promises to backport critical fixes and security patches. HashiCorp Authenticode signs Microsoft Windows executables and code signs Apple macOS executables.[1][9][10][13][14]

HashiCorp on the record

Sources

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

Orchid Security full record

  1. [1]orchid.securityOrchid Security · orchid.security · undated page, accessed October 29, 2026 · Tier A
  2. [2]Ai readinessOrchid Security · orchid.security · published September 9, 2026 · Tier A
  3. [3]Orchid - Identity Visibility and Intelligence for the Application LayerOrchid Security · undated page, accessed November 5, 2026 · Tier A
  4. [4]Bringing Clarity to the Complexity of IdentityOrchid Security · undated page, accessed November 5, 2026 · Tier A
  5. [5]Agentic AI Identity Security: Closing the Gaps Agents ExploitOrchid Security · undated page, accessed November 5, 2026 · Tier A
  6. [6]Identity Security Platform: Uncover Identity Dark MatterOrchid Security · undated page, accessed November 5, 2026 · Tier A
  7. [7]Beyond Shadow IT: The Identity Dark Matter Undermining ComplianceOrchid Security · undated page, accessed November 5, 2026 · Tier A
  8. [8]Security That Survives the Acquisition.Orchid Security · undated page, accessed November 5, 2026 · Tier A
  9. [9]Customer StoriesOrchid Security · undated page, accessed November 5, 2026 · Tier A
  10. [10]Why 50% of Identity Projects Fail (And How to Fix the "Blueprint")Orchid Security · undated page, accessed November 5, 2026 · Tier A
  11. [11]Orchid Launches Identity Audit to Illuminate the Dark Matter of Enterprise Identity ActivityOrchid Security · published February 5, 2026 · Tier A
  12. [12]Orchid Security Adds AI Readiness Controls: Identity Drift Detection and Application-Level Kill Switches for AI AgentsGlobeNewswire · published September 9, 2026 · Tier A
  13. [13]Orchid Security targets AI agent sprawl with new identity governance toolsSiliconANGLE · published May 28, 2026 · Tier B
  14. [14]Orchid Security Introduces AI Agent Readiness Controls Featuring Continuous Identity Monitoring and Kill-Switch CapabilitiesCSO Online · published September 15, 2026 · Tier B

Spot a factual error? Request a correction.