Atlassian facts for kids
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George Place, where Atlassian's Sydney headquarters are located
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| Traded as |
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| ISIN | ISIN: [https://isin.toolforge.org/?language=en&isin=GB00BZ09BD16 GB00BZ09BD16] |
| Industry | Software |
| Founded | 2002 Sydney |
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| Headquarters |
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Australia
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Key people
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| Products |
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| Revenue |  US$3.53 billion (2023) |
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Operating income
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 US$−345 million (2023) |
| ▲ US$−487 million (2023) | |
| Total assets | US$4.11 billion (2023) |
| Total equity | US$655 million (2023) |
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Number of employees
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10,726 (June 2023) |
Atlassian Corporation is a software company from Australia and the United States. It creates computer programs for people who develop software and manage projects. The company has its main offices in Sydney, Australia, and also in San Francisco, USA.
In 2022, Atlassian helped over 242,000 customers in more than 190 countries. About 10 million people used their products every month. By early 2024, Atlassian had over 10,000 employees working in 13 different countries.
Contents
How Atlassian Started and Grew
The Beginning: Two Friends and a Big Idea
Atlassian began in 2001. Mike Cannon-Brookes sent an email to his classmates. He asked if anyone wanted to start a tech company after college. Only Scott Farquhar replied. Together, they started Atlassian in 2002.
They started the company with very little money. They used $10,000 from a credit card debt to get things going. This way of starting a business is called "bootstrapping."
What Does the Name "Atlassian" Mean?
The name Atlassian comes from "Atlas." Atlas is a giant in Greek myths. The gods made him hold up the sky. From 2011 to 2017, Atlassian's logo showed a blue person holding up a part of the sky. This showed the idea of supporting big tasks.
Key Products Launched Early On
- 2002: Atlassian launched Jira. This program helps teams track projects and fix problems. It became one of their most important products.
- 2004: They released Confluence. This is a platform where teams can work together. They can create content, share documents, and manage projects.
Growing Bigger: Investments and Going Public
In 2010, Atlassian received $60 million from a company called Accel Partners. This money helped them grow even more. By 2011, their sales had grown by 35% to $102 million.
In 2015, Atlassian's sales reached $320 million. On December 10, 2015, Atlassian offered its shares to the public. This is called an initial public offering (IPO). They listed their shares on the NASDAQ stock exchange under the symbol TEAM. This made the company worth about $4.37 billion. Mike Cannon-Brookes and Scott Farquhar became Australia's first tech billionaires.
Recent Developments and Future Plans
By 2019, Atlassian was worth about US$26.6 billion. The founders, Cannon-Brookes and Farquhar, each owned about 30% of the company. In 2020, Atlassian decided to focus on its "Cloud" and "Data Center" products. They stopped supporting their older "Server" products.
In 2021, Atlassian got approval to build a new headquarters in Sydney. This building will be very tall and made partly of wood. It will use advanced green technologies to be very sustainable. In 2023, the company had to reduce its workforce by about 500 employees.
Keeping Data Safe: Cybersecurity
Like all big tech companies, Atlassian works hard to keep its products and customer data safe. Sometimes, security issues can happen. For example, in 2023, a problem was found in their Confluence product. Atlassian quickly released an update to fix it. They also asked customers to check their systems. This shows how important it is to keep software updated to protect information.
How Atlassian Sells Its Products
Atlassian used to sell its products differently. They did not have a big sales team. Instead, they relied on their website. They also worked with "Atlassian Partners." These partners helped show people the products and sell licenses.
New Products and Company Purchases
Atlassian has added many products over the years. They often buy other companies to get new tools.
Early Acquisitions and Product Growth
Some early products included Crucible, FishEye, Bamboo, and Clover. These tools help programmers work with computer code. Atlassian got FishEye, Crucible, and Clover by buying another company called Cenqua in 2007. In 2010, they bought Bitbucket, which helps teams work on code together online.
Expanding Collaboration Tools
In 2012, Atlassian bought HipChat, an instant messaging tool for workplaces. That same year, they launched the Atlassian Marketplace. This is a website where customers can find and download extra tools for Atlassian products. They also released Stash, a tool for managing Git code, which was later renamed Bitbucket Server.
In 2013, Atlassian launched a Jira service desk product. This helps companies manage customer support requests.
More Purchases and Product Changes
- 2015: Atlassian bought Hall, another work chat company. They moved Hall's customers to HipChat. They also bought Blue Jimp, the company behind Jitsi, to improve their video features.
- 2016: They acquired Dogwood Labs, which made StatusPage. This tool helps companies tell customers about outages or maintenance.
- 2017: Atlassian bought Trello for $425 million. Trello is a popular tool for organizing tasks with boards and cards. Later that year, they launched Stride, a new web chat tool.
- 2018: Atlassian decided to leave the chat business. They sold HipChat and Stride to Slack. They also bought OpsGenie, a tool that creates alerts for helpdesk tickets.
- 2019: They acquired Agilecraft and Code Barrel. Code Barrel made "Automation for Jira," which helps automate tasks in Jira.
- 2020: Atlassian bought Halp, a tool that turns Slack conversations into helpdesk tickets. They also acquired Mindville, which provides software for IT service management.
- 2021: Atlassian bought Chartio, a company that helps visualize and analyze data.
- 2023: Atlassian launched "Atlassian Intelligence," which uses AI. They also made their biggest purchase, buying the video messaging company Loom for $975 million. They plan to add Loom's technology to their cloud products.
- 2024: Atlassian released Rovo, new search and automation tools that use AI.
See also
In Spanish: Atlassian para niños
