Atlassian

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Atlassian Corporation Plc
Public
Traded as NASDAQTEAM
Industry Software
Founded Sydney, Australia
2002; 15 years ago (2002)
Headquarters Sydney, Australia
Key people
Mike Cannon-Brookes and Scott Farquhar (Co-Founders & CEOs)
Products
Revenue $457 million (June 2016[1])
Number of employees
1,760 (June 2016[1])
Website Atlassian

Atlassian /ətˈlæsiən/ is an enterprise software company that develops products for software developers, project managers, and content management.[2][3][4] It is best known for its issue tracking application, Jira, and its team collaboration and wiki product, Confluence.[3][5] Atlassian serves over 60,000 customers.[2][3][6][7][8]

History[edit]

Mike Cannon-Brookes and Scott Farquhar founded Atlassian in 2002.[2][6] The pair met while studying at the University of New South Wales in Sydney.[9] They bootstrapped the company for several years, financing the startup with a $10,000 credit card debt.[5] The name derives from the Titan Atlas (/ˈætləs/; Ancient Greek: Ἄτλας) from Greek mythology who had been punished to hold up the Heavens after the Greek gods had overthrown the Titans. The logo reflects this through the blue X-shaped figure holding up what is shown to be the bottom of the sky.

Atlassian released its flagship product, Jira – a project and issue tracker, in 2002. In 2004, it released Confluence, a team collaboration platform that lets users work together on projects, co-create content, and share documents and other media assets.[10] In 2006, Cannon-Brookes and Farquhar were named Ernst & Young’s Entrepreneurs of the Year for Australia.[11]

In July 2010, Atlassian raised $60 million in venture capital from Accel Partners.[7]

In June 2011, Atlassian announced revenue of $102 million, up 35% from the year before.[12] In August 2011, Jay Simmons became president, while Cannon-Brookes and Farquhar kept their positions as "co-chief executive".[13] For the June 2014 fiscal year, Atlassian reported $215 million in revenue, up from $144 million in 2013.[14]

In a 2014 restructuring, the parent company became Atlassian Corporation PLC of the UK, with a registered address in London—though the actual headquarters remained in Sydney.[15] Atlassian has offices in five countries: Amsterdam in the Netherlands; Austin, San Francisco, and Mountain View, California,[16] in the United States; Manila in the Philippines; Yokohama in Japan, and Sydney in Australia. The group has over 1,700 employees serving more than 60,000 customers and millions of users.[6][17]

In November 2015, Atlassian announced sales of $320 million,[18] and Shona Brown was added to its board.[13] On 10 December 2015 Atlassian made its initial public offering (IPO) on the NASDAQ stock exchange,[19] under the symbol TEAM, putting the market capitalization of Atlassian at $4.37 billion.

Sales setup[edit]

Atlassian does not have a traditional sales team. Instead, it lists all prices, information about products, documentation, support requests, and training materials on its website.[20][21] Most of their products are available as hosted or installed versions.

Acquisitions and product announcements[edit]

In 2010, Atlassian acquired Bitbucket, a hosted service for code collaboration.[22] In May 2012, the company introduced a website where customers can download plug-ins for various Atlassian products.[23][24][25] That year, Atlassian also released Stash, a Git repository for enterprises, later renamed Bitbucket Server.[26]

Additional products include Crucible, FishEye, Bamboo, and Clover, which target programmers working with a code base. FishEye, Crucible and Clover came into Atlassian's portfolio through the acquisition of another Australian software company, Cenqua, in 2007.[27] In 2012, Atlassian acquired HipChat, an instant messenger for workplace environments. Doug Burgum became chairman of its board of directors in July 2012.[28]

In 2013, Atlassian announced a Jira service desk product with full service-level agreement support.[29]

SourceTree
Developer(s) Atlassian
Stable release
2.2.3 (Mac) / 1.8.2.11 (Windows)
License Proprietary
Website atlassian.com

SourceTree is a Git and Mercurial desktop client for developers on Mac or Windows.

A small startup called Dogwood Labs in Denver, Colorado which had a product called StatusPage was acquired in July 2016.[30][31] In January 2017 Atlassian announced the purchase of Trello for $425 million.[32]

Philanthropy[edit]

In March 2011, the company raised $1 million for the charity Room to Read from sales of its $10 "Starter" licenses.[33]

References[edit]

  1. ^ a b "Modern Slavery Act Transparency Statement" (PDF). Atlassian Corporation Plc. 28 October 2016. Retrieved 25 January 2017. 
  2. ^ a b c Moses, Asher (15 July 2010). "From Uni dropouts to software magnates". The Sydney Morning Herald. 
  3. ^ a b c "Why Atlassian is to Software as Apple is to Design". Forbes. Retrieved 15 May 2013. 
  4. ^ Finley, Klint. "Atlassian Challenges GitHub to a Fork Fight". Wired. Retrieved 15 May 2013. 
  5. ^ a b Mckenzie, Hamish. "Hard yakka: Why Atlassian's founders are the pride of Australia's startup world". PandoDaily. Retrieved 15 May 2013. 
  6. ^ a b c "About". Atlassian. Retrieved 18 April 2015. 
  7. ^ a b Tam, Pui-Wing. "Accel Invests $60 Million in Atlassian". The Wall Street Journal. Retrieved 15 May 2013. 
  8. ^ Williams, Alex. "Atlassian Extends Confluence Collaboration Platform, Now Competing More with Jive Software and Other Social Providers". TechCrunch. Retrieved 15 May 2013. 
  9. ^ Asher, Moses. "From Uni dropouts to software magnates". Sydney Morning Herald. Retrieved 15 May 2013. 
  10. ^ "Products". Atlassian. Retrieved 15 May 2013. 
  11. ^ "Ali Moore speaks with Michael Cannon-Brookes (video)". YouTube. Retrieved 15 May 2013. 
  12. ^ Schonfeld, Erick. "Atlassian's 2011 Revenues Were $102 Million With No Sales People". Tech Crunch. Retrieved 15 May 2013. 
  13. ^ a b "Form F-1 Amendment 3: Registration of Securities". US Securities and Exchange Commission. 7 December 2015. Retrieved 25 January 2017. 
  14. ^ "Atlassian Posts Another Banner Year With 44% Revenue Growth". Press release. Atlassian. 10 September 2014. Archived from the original on 20 May 2015. Retrieved 25 January 2017. 
  15. ^ Hutchinson, James. "Atlassian's Farquhar justifies London switch". Retrieved 15 September 2015. 
  16. ^ Bryce Druzin (28 November 2016). "San Francisco software firm opens Silicon Valley hub". Silicon Valley Business Journal. Retrieved 25 January 2017. 
  17. ^ Sharma, Mahesh (9 April 2014). "Atlassian valued at $3.5 billion". IT Pro. Sydney Morning Herald. Retrieved 22 May 2014. 
  18. ^ Lunden, Ingrid; Roof, Katie; Wilhelm, Alex (9 November 2015). "Enterprise Software Co Atlassian Files IPO On Sales Of $320M, Net Income Of $6.8M In 2015". Tech Crunch. Retrieved 25 January 2017. 
  19. ^ Primack, Dan. "And the Price of the Last Big Tech IPO of 2015 Is...". 
  20. ^ Fidelman, Mark. "Why Atlassian is to Software as Apple is to Design". Forbes. Retrieved 15 May 2013. 
  21. ^ Douglas MacMillan (8 April 2014). "Atlassian Valued at $3.3 Billion Selling Business Software Sans Salespeople". Wall Street Journal Digits blog. Retrieved 25 January 2017. 
  22. ^ Rao, Leena. "Atlassian Buys Mercurial Project Hosting Site BitBucket". Tech Crunch. Retrieved 15 May 2013. 
  23. ^ Miller, Kyle. "Browse, Try, Buy, on Atlassian Marketplace". Atlassian Blogs. Retrieved 15 May 2013. 
  24. ^ "Atlassian announces app store for app developers". SD Times. Retrieved 15 May 2013. 
  25. ^ "Atlassian Launches A Marketplace For Project Management Add-Ons". Tech Crunch. Retrieved 16 June 2016. 
  26. ^ Frederic Lardinois (22 September 2015). "Atlassian Updates Its Git Services, Combines Them Under The Bitbucket Brand". Tech Crunch. Retrieved 25 January 2017. 
  27. ^ Burnette, Ed. "Atlassian acquires Cenqua, drops .NET". ZDNet. Retrieved 15 May 2013. 
  28. ^ Natalie Apostolou (20 July 2012). "Atlassian heading for the exit? New Board members have extensive experience selling software companies to the big boys". The Register. Retrieved 25 January 2017. 
  29. ^ Barb Darrow (2 October 2013). "Atlassian parlays Jira issue tracking tool in service desk world". Giga Om. Retrieved 25 January 2017. 
  30. ^ Frederic Lardinois (14 July 2016). "Atlassian acquires StatusPage". Tech Crunch. Retrieved 25 January 2017. 
  31. ^ Ben Miller (16 July 2016). "Denver tech company bought, moving to San Francisco". Denver Business Journal. Retrieved 25 January 2017. 
  32. ^ Frederic Lardinois (9 January 2017). "Atlassian acquires Trello for $425M". Tech Crunch. Retrieved 25 January 2017. 
  33. ^ Cannon-Brookes, Mike. "You did it! Atlassian raises $1 million for Room to Read". Atlassian Blogs. Retrieved 15 May 2013. 

External links[edit]