:Cloud software vendor HashiCorp on Wednesday sold shares in its initial public offering (IPO) above its target range to raise US$1.2 billion, a person familiar with the matter said. HashiCorp priced 15 million shares at US$80 per share, the source said. It had planned to sell shares at US$68 to US$72 apiece. The source requested not to be identified ahead of an official announcement. HashiCorp did not immediately respond to a request for comment.