Atlassian Files IPO Paperwork

Atlassian Files IPO Paperwork

Australian-based development and team tool vendor Atlassian has officially gone public with its plans to go public. The company secretly filed IPO paperwork earlier this year and is now revealing its intentions to become publicly traded. The firm is probably best known for JIRA, which many enterprises use to track software development issues. Its other products include Confluence, HipChat, Stash and BitBucket.

For its most recent fiscal year, which ended June 30, the company reported revenue of $319.5 million and net income of $6.8 million. It has been valued privately at more than $3.3 billion.

Atlassian hopes to sell its stock on the Nasdaq exchange under the ticker symbol TEAM.

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