Atlassian /ətˈlæsiən/ is an enterprise software company that develops products for software developers, project managers, and content management.[3][4][5] It is best known for its issue tracking application, Jira, and its team collaboration and wiki product, Confluence.[4][6] Atlassian serves over 60,000 customers globally, including 85 of the Fortune 100.[3][4][7][8][9]
Atlassian was founded in Sydney, Australia in 2002.[3] In a 2014 restructuring, the parent company became Atlassian Corporation PLC of the UK, with a registered address in London—though the actual headquarters remains in Sydney. Atlassian has six offices in five countries: Amsterdam (Netherlands), Austin (United States), Manila (Philippines), San Francisco (United States), Yokohama (Japan) and Sydney (Australia).[10] The group has over 1,700 employees serving over 60,000 customers and many millions of users.[7][11]
History
Mike Cannon-Brookes and Scott Farquhar founded Atlassian in 2002.[3][7] The pair met while studying at the University of New South Wales in Sydney.[12] They bootstrapped the company for several years, financing the startup with a $10,000 credit card debt.[6] In July 2010, Atlassian raised $60 million in venture capital from Accel Partners.[8]
In 2006, Cannon-Brookes and Farquhar were named Ernst & Young’s Entrepreneurs of the Year for Australia.[13]
In March 2011, the company raised $1 million for the charity Room to Read from sales of its $10 “Starter” licenses.[14]
In a restructuring in 2014, Atlassian’s group holding company became Atlassian Corporation Plc of the UK with registered address in London, United Kingdom, although the headquarters where the executives are based remains in Sydney.[15] [16] On February 14, 2014, Atlassian president Jay Simons announced the opening of an Austin office that the company plans to eventually employ 600 people.
On 10 December 2015 Atlassian made its initial public offering (IPO) on the NASDAQ stock exchange at $21 per share,[17] under the tick name TEAM, putting the market capitalization of Atlassian at $4.37B.
Revenue model
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.[18] The company does not offer discounts, with the exception of open source projects, academic and charity organizations.[19] Most of their products are available as hosted or installed versions, starting at $10 for 10 licenses (pricing does not scale up linearly).
In 2011, Atlassian announced revenue of $102 million, up 35% from the year before.[20]
For the June 2014 fiscal year, Atlassian reported $215 million in revenue, up from $144 million in the prior year.[21]
In November 2015, Atlassian announced its plans to IPO on sales of $320 million.[22]
Products and services
Atlassian provides developers and project managers with hosted or installed software falling into six categories:
- project and issue-tracking software
- collaboration and content sharing
- distributed version control system DVCS
- code quality
- addons
- training products
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.[23]
In 2010, Atlassian acquired Bitbucket, a hosted service for code collaboration.[24] In May 2012, the company launched a marketplace website where customers can download plug-ins for various Atlassian products.[25][26] That year, Atlassian also released Stash, a Git repository for enterprises.
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.
Also, in 2012 Atlassian introduced Marketplace, a space for customers can download complementary add-ons for its products. At launch, the Marketplace had already 1,000 add-ons and integrations registered.[28]
In 2013, Atlassian announced the launch of Jira Service Desk, a service-desk product with full SLA support.[citation needed]
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.
Employee motivation
Atlassian also began a now-popular tradition at software companies where software developers can spend 24 hours tackling any problem they like four times per year.[29] Atlassian calls these ShipIt Days, though for years they were known as FedEx Days until FedEx asked the company to disassociate its name from the process.[30]