Editor’s note: Previously, in “The Math of TechCrunch, Part I: Is TechCrunch Still About Startups?” guest author Mark Goldenson analyzed more than 20,000 TechCrunch stories to find out how much we actually cover startups versus big companies. In this post, he drills down by investors, authors, and market segments. Goldenson is CEO of Breakthrough.com, a startup that helps people find a therapist and get online counseling. His email is mark@breakthrough.com.
In my last post, we learned that TechCrunch now covers ten times more startups than in its first year, but over half its coverage is now on large companies. In this post, I look at how the coverage breaks down by investors, authors, and markets.
These findings are based on the CrunchBase API and TechCrunch’s 23,547 stories on 6,308 companies from June 11th, 2005 to May 11th, 2011. Here is what I found. → Read More
Cloud9 IDE, a commercial development as a service (DaaS) platform, has raised $5.5 million in Series A funding from Accel Partners and product development software company Atlassian Software.
Cloud9 IDE, which spawned from Ajax.org, is aiming to be the IDE for Javascript developers (Javascript creator Brendan Eich is an advisor to the startup). Founded in 2010, Cloud9 provides a cloud-based commercial integrated development environment that allows web and mobile developers to work together in remote teams anywhere, anytime. The platform’s NodeJS framework supports HTML5, Python, Ruby and PHP. → Read More
In July, product development software company Atlassian said that it would be putting its recently raised $60 million investment towards M&A in the enterprise space. It looks like the company is moving fast—Atlassian has just acquired Bitbucket.org, a hosted service for code collaboration. Terms of the deal were not disclosed.
Bitbucket, which hosts over 60,000 accounts, is the premier hosted code collaboration provider for the Mercurial distributed version control system and provides a service for developers wanting to share and collaborate on projects. Bitbucket, which is similar to GitHub or Google Code, hosts code for Adium, MailChimp, Opera and other great opensource projects. → Read More
The World Economic Forum has announced its list of 31 Technology Pioneers for 2011. The Technology Pioneers are its list of up-and-coming startups. Last year’s list included Twitter, Playfish, and Boston Power. The year before, Mint, Etsy, and Brightcove were named.
Joining the pantheon this year are foursquare, Knewton, Layar, Scribd, and Spotify. However, greentech is equally strong on the list, particularly with smartgrid companies such as OPower and Tendril. Below is the full list of infotech companies that made it, with links to their Crunchbase profiles for more information: → Read More
It is not often that a company’s first round of venture funding comes in at $60 million and eight years after it was founded with $10,000 worth of credit card debt. But Atlassian, which was founded in Sydney, Australia in 2002, is taking its first venture money today from Accel Partners. The company pulled in $59 million in revenues in its fiscal year ended June 30, 2010, and has been “profitable from Year One,” says co-founder and CEO Mike Cannon.
The money will be used to give some liquidity to the founders and employees, expand its product portfolio, and possibly acquire other startups. n order to get a return on its minority stake, Accel is expecting Atlassian to one day have a very successful IPO. But he is in no rush. Wong thinks that once the company passes $100 million in revenue, it will be time to start thinking of an IPO. If revenues continue to grow 30 percent a year, that will be only a few years away. → Read More
It is not often that a company’s first round of venture funding comes in at $60 million and eight years after it was founded with $10,000 worth of credit card debt. But Atlassian, which was founded in Sydney, Australia in 2002, is taking its first venture money today from Accel Partners. The company pulled in $59 million in revenues in its fiscal year ended June 30, 2010, and has been “profitable from Year One,” says co-founder and CEO Mike Cannon.
The money will be used to give some liquidity to the founders and employees, expand its product portfolio, and possibly acquire other startups. In order to get a return on its minority stake, Accel is expecting Atlassian to one day have a very successful IPO. → Read More
JIRA, a product from Atlassian, began its life as a simple alternate bug-tracker, and has since evolved into a popular and robust product and issue management tool. JIRA 4.0, to be released tomorrow, has made several enhancements and additions including an improved dashboard, JIRA Query Language (JQL) for enhanced search features, and activity streams. The most notable new feature is the integration of OpenSocial, a set of common open API’s to exchange data between social networks, into the product. Atlassian believe that software development and collaboration is a process that is inherently social. As such, they integrated OpenSocial into JIRA 4.0 in order to increase awareness of all aspects of a specific issue. Activity streams were added for this same reason and as such, any user can drill down into the progress being made on a certain issue. OpenSocial gadgets are integrated into JIRA 4.0 through their new customizable dashboards. JIRA 4.0 ships with a multitude of pre-built gadgets and supports gadgets from other Atlassian products, such as Confluence. JIRA also displays other OpenSocial gadgets and can be displayed in OpenSocial containers like iGoogle and Gmail. JIRA 4.0 also introduces a more powerful and intuitive search query mechanism, JQL. Users are able to create their own queries, save these results as a filter, and then create a gadget to embed into the dashboard for future access. Furthermore, JQL has an auto-fill feature, so even those without experience will be able to find what they want at a granular level. Atlassian currently has over 12,000 customers and has a reported $50M in sales. Their products compete with opensource alternatives such as Bugzilla, as well as enterprise products such as IBM’s Rational Jazz. JIRA 4.0 Dashboard</strong CrunchBase Information Atlassian JIRA Information provided by CrunchBase → Read More
Atlassian has announced the availability of their JIRA Studio suite as a hosted Saas service. JIRA Studio is a hosted integration of popular Atlassian products starting with the JIRA issue tracker and Confluence, their wiki and knowledge management product. Atlassian has partnered with Contegix to provide the hosting for the new suite of applications. The JIRA Studio solution includes issue tracking, wiki software, SVN repository management, a single-sign on server and continuous integration. The solution as a whole is a development community and/or development suit in a box – providing almost all the tools that are required for software management. JIRA is a well known and established issue tracker, with custom workflow and a number of other features that sets it apart from competing products. Atlassian have built their suit out around the issue tracker, and overall it provides a unique and customizable environment. Mike Cannon-Brookes, the CEO and co-founder of Atlassian commented that it was the partnership with Contegix that allowed them to enter the hosted application and Saas space. Atlassian has to date built a base of over 12,000 customers in 104 countries by licensing their collaboration and development tools. The partnership with Contegix and the new hosted solution allows the company to acquire new customers who are seeking an instant install without hosting and administrative overheads. Pricing is set at $25 per user per month, available in blocks of five licenses (so $2500 per annum). Bulk pricing rates are available beyond 100 users. Contegix are an enterprise hosting platform that offer a 100% uptime guarantee. Their hosted service is fully managed and supported – allowing companies to focus on their product or solution rather than the hassles of hosting. At the OSCON conference, Atlassian and Contegix are offering a 5 user license of JIRA studio for free to anybody who attends a demo at their booth in the hall. For those of you not at OSCON, a live demo instance of the JIRA studio is available here. CrunchBase Information Atlassian Contegix Information provided by CrunchBase → Read More