March 15 (Reuters) - Cloud software vendor HashiCorp ( HCP )

is exploring options, including a sale, Bloomberg News

reported on Friday citing people familiar with the matter.

Shares of the San Francisco, California-based company rose

more than 12% in extended trading.

HashiCorp ( HCP ) has been working with a financial adviser in

recent months and has held exploratory talks with other industry

players, the report said.

Talks are ongoing and there is no certainty it will result

in any deal, the report added.

The company has a market capitalization of $5.28 billion, as

of last close.

HashiCorp ( HCP ) did not immediately respond to a Reuters request

for comment.