Atlassian Closes US$60m Equity Investment from Accel Partners

Funding Rounds

Summary

Atlassian, a Sydney, Australia-based company specialising in software development and collaboration tools, has received a US$60m minority equity investment from Accel Partners.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 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.

$ Funding

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Amount $60.0M Total raised
Date July 14, 2010 Announcement date
Investors Accel, Atlassian Foundation Lead investors
Company http://www.atlassian.com Funded company

Classifications

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applications
Collaboration & Communication

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Labels
SaaS Collaboration Software Project Management Software

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