Atlassian

Atlassian Corporation Plc
Public
Traded as NASDAQ: TEAM
Industry Software
Founded Sydney, Australia
2002
Headquarters Sydney, Australia
Key people
 Mike Cannon-Brookes and Scott Farquhar (Chief Executive Officers
Products JIRA
Confluence
HipChat
Stash
Bitbucket
Bamboo
FishEye
Crucible
Clover
SourceTree
Crowd
Confluence Team Calendars
Confluence SharePoint Connector
Confluence Questions
JIRA Agile (previously GreenHopper)
JIRA Capture (previously Bonfire)
JIRA Service Desk
JIRA Portfolio (previously Roadmaps)
Revenue $319 million (June 30, 2015 [1])
Number of employees
 1,259 (June 30, 2015 [2])
Website Atlassian

Atlassian /ətˈlæsiən/ is an enterprise software group of companies that develops products geared towards software developers and project managers.[3][4][5] It is best known for its issue tracking application, JIRA, and its team collaboration product, Confluence.[4][6] Atlassian serves over 50,000 customers globally, including 85 of the Fortune 100.[3][4][7][8][9]

Atlassian was founded in Sydney, Australia in 2002.[3] In a restructuring in 2014, the parent company became Atlassian Corporation Plc of the UK, with registered address in London, although the headquarters remains in Sydney. Atlassian has 6 offices in 4 countries: Amsterdam (Netherlands), Austin (USA), Manila (Philippines), San Francisco (USA) and Sydney. The group has over 1,400 employees serving over 50,000 customers and many millions of users.[7][10]

History

Atlassian was founded in 2002 by Mike Cannon-Brookes and Scott Farquhar.[3][7] The pair met while studying at the University of New South Wales in Sydney.[11] 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.[12] The two also maintain an 87% Glassdoor rating.[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 will 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:

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.

In 2013, Atlassian announced the launch of JIRA Service Desk, a service-desk product with full SLA support.

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.

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.[28] Atlassian calls these ShipIt Days, though for years they were known as FedEx Days until FedEx asked for its name to be disassociated with the process.[29]

Awards and recognition

References

  1. ↑ https://www.sec.gov/Archives/edgar/data/1650372/000104746915008450/a2226437zf-1.htm
  2. ↑ https://www.sec.gov/Archives/edgar/data/1650372/000104746915008450/a2226437zf-1.htm
  3. 1 2 3 4 Moses, Asher (15 July 2010). "From Uni dropouts to software magnates". The Sydney Morning Herald.
  4. 1 2 3 "Why Atlassian is to Software as Apple is to Design". Forbes. Retrieved 15 May 2013.
  5. ↑ Finley, Klint. "Atlassian Challenges GitHub to a Fork Fight". Wired. Retrieved 15 May 2013.
  6. 1 2 Mckenzie, Hamish. "Hard yakka: Why Atlassian’s founders are the pride of Australia’s startup world". PandoDaily. Retrieved 15 May 2013.
  7. 1 2 3 "About Atlassian". Atlassian. Retrieved 18 April 2015.
  8. 1 2 Tam, Pui-Wing. "Accel Invests $60 Million in Atlassian". The Wall Street Journal. Retrieved 15 May 2013.
  9. ↑ Williams, Alex. "Atlassian Extends Confluence Collaboration Platform, Now Competing More With Jive Software And Other Social Providers". TechCrunch. Retrieved 15 May 2013.
  10. ↑ Sharma, Mahesh (9 April 2014). "Atlassian valued at $3.5 billion". IT Pro. Sydney Morning Herald. Retrieved 22 May 2014.
  11. ↑ Asher, Moses. "From Uni dropouts to software magnates". Sydney Morning Herald. Retrieved 15 May 2013.
  12. ↑ "Ali Moore speaks with Michael Cannon-Brookes (video)". YouTube. Retrieved 15 May 2013.
  13. ↑ "The 25 Highest Rated CEOs that are Hiring Now (CHART)". Forbes. Retrieved 15 May 2013.
  14. ↑ Cannon-Brookes, Mike. "You did it! Atlassian raises $1 million for Room to Read". Atlassian Blogs. Retrieved 15 May 2013.
  15. ↑ Hutchinson, James. "Atlassian’s Farquhar justifies London switch". Retrieved 15 September 2015.
  16. ↑ Company contact details lists Global HQ as Sydney.
  17. ↑ Primack, Dan. "And the Price of the Last Big Tech IPO of 2015 Is...".
  18. ↑ Fidelman, Mark. "Why Atlassian is to Software as Apple is to Design". Forbes. Retrieved 15 May 2013.
  19. ↑ "Licensing & Purchasing FAQ". Atlassian. Retrieved 15 May 2013.
  20. ↑ Schonfeld, Erick. "Atlassian’s 2011 Revenues Were $102 Million With No Sales People". TechCrunch. Retrieved 15 May 2013.
  21. ↑ https://www.atlassian.com/company/press/press-releases/atlassian-posts-another-banner-year-with-44-revenue-growth
  22. ↑ Lunden, Ingrid; Roof, Katie; Wilhelm, Alex. "Enterprise Software Co Atlassian Files IPO On Sales Of $320M, Net Income Of $6.8M In 2015". TechCrunch. Retrieved 2015-11-10.
  23. ↑ "Products". Atlassian. Retrieved 15 May 2013.
  24. ↑ Rao, Leena. "Atlassian Buys Mercurial Project Hosting Site BitBucket". TechCrunch. Retrieved 15 May 2013.
  25. ↑ Miller, Kyle. "Browse, Try, Buy, on Atlassian Marketplace". Atlassian Blogs. Retrieved 15 May 2013.
  26. ↑ "Atlassian announces app store for app developers". SD Times. Retrieved 15 May 2013.
  27. ↑ Burnette, Ed. "Atlassian acquires Cenqua, drops .NET". ZDNet. Retrieved 15 May 2013.
  28. ↑ Pink, Daniel H. "How to deliver innovation overnight". Daniel H. Pink website. Retrieved 15 May 2013.
  29. ↑ Smith, Fiona. "Is Atlassian the coolest company in Australia?". BRW (magazine). Retrieved 15 May 2013.
  30. ↑ "Company Awards". Atlassian. Retrieved 15 May 2013.
  31. ↑ "Annual Computerworld Honors Program Names 2012 Laureates". Yahoo! Finance. Retrieved 15 May 2013.
  32. ↑ "Best Places to Work finalists revealed". San Francisco Business Times. Retrieved 15 May 2013.
  33. ↑ Khalil, Laura. "Atlassian Wins Deloitte Technology Fast 50 Award". Atlassian Blogs. Retrieved 15 May 2013.
  34. ↑ "Technology Pioneers". World Economic Forum. Retrieved 15 May 2013.

External links

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