Atlassian Closes US$60m Equity Investment from Accel Partners

Atlassian, a Sydney, Australia-based company specialising in software development and collaboration tools, has received a US$60m minority equity investment from Accel Partners.
In conjunction with the funding, Rich Wong, Partner at Accel Partners, will join Atlassian’s board of directors.
The funds will enable the company to accelerate expansion into Europe and Asia and focus on M&A to add complementary products to its portfolio.
The investment will also be used to facilitate liquidity for employees.

Co-founded in 2002 by Mike Cannon-Brookes and Scott Farquhar, Atlassian currently employs 225 people based in Australia, North America and Europe. The company operates offices in San Francisco, USA, Amsterdam, The Netherlands, Tokyo, Japan, and Gdansk, Poland.
Atlassian’s products, used by more than 20,000 customers in 134 countries, include the issue tracker (JIRA), enterprise wiki (Confluence) and a range of tools specifically for software developers.
They help teams track issues and projects, collaborate on design requirements and specs, find and review code, improve testing and build management, etc.

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