Atlassian

Atlassian Corporation (/ətˈlæsiən/) is an Australian-American proprietary software company that specializes in collaboration tools designed primarily for software development and project management. Domiciled in the United States as Atlassian Corporation Plc., the company is globally headquartered in Sydney, Australia, with a US headquarters in San Francisco, and over 12,000 employees across 14 countries. Atlassian currently serves over 300,000 customers in over 200 countries across the globe.

In 2001, Mike Cannon-Brookes sent an email to his University of New South Wales classmates asking if any of them were interested in helping him launch a tech startup after graduation. Scott Farquhar was the only one who replied, and together they founded Atlassian in 2002. They bootstrapped the company for several years, financing the startup with a $10,000 credit card debt. The name was derived from the Greek mythological figure Atlas, inspired by his bronze statue in New York's Rockefeller Center.

Initially, Cannon-Brookes and Farquhar were engaged in supporting other customer service teams, which required them to be available for calls at all hours. They were also unhappy with the bug-tracking software they were using at the time. To solve these issues, they developed Atlassian's flagship product, Jira, a project and issue tracking tool, and shifted their focus to selling this software. Then, in 2004, Atlassian launched its team collaboration platform named Confluence.

In July 2010, Atlassian raised $60 million in secondaries venture capital from Accel Partners. By June of the next year it announced that revenue had increased 35% in the previous year to $102 million. The 2014 restructuring saw the parent company became Atlassian Corporation PLC of the UK whose address was registered in London though the de facto headquarters remained in Sydney.

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

In November 2015, Atlassian announced sales of $320 million, and Shona Brown was added to its board. On 10 December 2015, Atlassian made its initial public offering (IPO) on the NASDAQ stock exchange, under the symbol TEAM, putting the market capitalization of Atlassian at $4.37 billion. The IPO made its founders Farquhar and Cannon-Brookes Australia's first tech startup billionaires and household names in their native country, despite Atlassian being called a "very boring software company" in The New York Times for its focus on development and management software.

In March 2019, Atlassian's value was US$26.6 billion. Cannon-Brookes and Farquhar own approximately 30% each. In October 2020, Atlassian announced the end of support for their "Server" products with sales ending in February 2021 and support ending in February 2024 to focus on "Cloud" and "Data Center" editions.

In October 2021, Atlassian received approval to construct their new Headquarters in Sydney, which will anchor the Tech Central precinct. Their building is planned to be the world's tallest hybrid timber structure and will embody leading sustainability technologies and principles.