One of the fastest growing enterprise software companies is Sydney-based Atlassian, which makes product management software for software development (including JIRA and Confluence). CEO Scott Farquhar and president Jay Simons were in New York City last week talking to investment bankers exploring an eventual IPO and dropped by the TCTV studio.
Revenues for calendar year 2011 (which is different than its fiscal year) were $102 million, up 35 percent, Farquhar tells me in the video. And the company has been profitable for years. The company employs 450 people worldwide, mostly in Sydney and San Francisco, where it just opened cavernous new offices. But none of them are in sales. “We have no sales people,” says Farquhar.
Atlassian was bootstrapped for 8 years before it took a huge $60 million dollop of venture capital from Accel in 2010. The company boasts 17,000 paying enterprise customers with between 5 million and 10 million daily active users.
In October, Atlassian dramatically reduced its entry-level pricing from $150 a month for 10 users to $10 a month for 10 users. Watch the video to learn more.
Atlassian is a software company that provides innovative enterprise software solutions to a number of organizations. Originally founded in 2002 in Sydney, Australia, the company has quickly grown to establish a global presence with over 20,000 customers in over 134 countries. In addition to the effective enterprise solutions offered to its customers, Atlassian prides itself on its customer service and support. Indeed, the company has won numerous awards for its suite of software and the accompanying support.