Atlassian: What It Is, What It Does and Who Runs It

In an era where global technology giants are dominated by Silicon Valley, one of the most influential software companies in the world has its roots firmly planted in Australia. Atlassian is not a household name in the same way as Apple or Google, yet it powers the daily operations of hundreds of thousands of businesses worldwide — quietly sitting behind the scenes of modern work.

From startups to NASA, Atlassian’s tools are used to plan, build, manage and deliver projects at scale. But what exactly is Atlassian, what does it do, and who is behind this Australian success story?

What is Atlassian?

At its core, Atlassian is a software company focused on helping teams work together more effectively. Founded in 2002 in Sydney, it has grown into a global technology powerhouse serving more than 300,000 customers across over 200 countries.

Unlike consumer tech brands, Atlassian operates in the business-to-business (B2B) space. Its products are designed for:

• Software developers

• Project managers

• IT teams

• Corporate organisations

• Remote and distributed workforces

The company’s mission is simple but powerful: to improve how teams collaborate and get work done.

What Does Atlassian Actually Do?

Atlassian doesn’t sell hardware or social media platforms — it builds workplace productivity and collaboration software.

Its tools sit at the heart of how modern organisations operate.

Key Products

Some of Atlassian’s most important platforms include:

• Jira – A project and issue tracking tool widely used in software development

• Confluence – A team workspace for documentation and knowledge sharing

• Trello – A visual task management system using boards and cards

• Bitbucket – A platform for managing code repositories and development workflows

• Loom – A video communication tool for teams

These tools allow teams to:

• Track progress on complex projects

• Manage bugs and software updates

• Collaborate across different locations

• Share knowledge and documentation

• Streamline workflows and communication

In practical terms, Atlassian is the operating system behind modern teamwork.

A Different Business Model

One of Atlassian’s most notable innovations is how it sells its software.

Rather than relying heavily on large sales teams, Atlassian adopted a self-service model, where customers can sign up, trial, and purchase products online without direct sales intervention.

This approach:

• Reduced costs

• Scaled globally faster

• Made enterprise tools accessible to smaller businesses

It was considered risky at the time — but ultimately became one of the foundations of Atlassian’s success.

The Founders: Two Australians Who Took a Risk

Atlassian was founded by two University of New South Wales graduates:

• Mike Cannon-Brookes

• Scott Farquhar

The story has become part of Australian startup folklore.

The pair launched the business using $10,000 in credit card debt, initially taking on consulting work before building their first major product, Jira.

What set them apart was not just technical skill, but strategy:

• They avoided traditional venture capital early on

• They focused on building profitable products from day one

• They targeted global markets from Australia

By the time Atlassian listed on the NASDAQ in 2015, both founders had become Australia’s first tech startup billionaires.

Who Runs Atlassian Today?

Today, Atlassian remains founder-led, a rarity among global tech giants.

• CEO: Mike Cannon-Brookes

• Co-founder and board member: Scott Farquhar

Following a leadership transition in 2024, Cannon-Brookes became the sole CEO, with Farquhar stepping back from day-to-day operations while remaining involved at board level.

Importantly, the founders still retain significant control through share structures that give them strong voting power.

This means Atlassian continues to be guided by its original vision rather than short-term market pressures.

A Global Company with Australian DNA

Although Atlassian now operates globally — with major offices in Sydney and San Francisco — it remains one of Australia’s most important technology exports.

Key facts:

• Founded in Sydney in 2002

• Thousands of employees worldwide

• Listed on the NASDAQ

• Serves customers including major global enterprises

Its planned Sydney headquarters is set to anchor the city’s Tech Central precinct, symbolising Australia’s ambition to become a global innovation hub.

Atlassian in the AI Era

Like all major technology companies, Atlassian is now adapting to the rise of artificial intelligence.

Recent moves include:

• Investing heavily in AI-driven features

• Acquiring new technology companies

• Restructuring parts of its workforce to focus on future growth areas

The shift reflects a broader trend: work itself is changing, and Atlassian aims to remain at the centre of that transformation.

Why Atlassian Matters

Atlassian may not dominate headlines, but its influence is enormous.

Every day, its software helps teams:

• Build the apps we use

• Run businesses

• Deliver infrastructure

• Coordinate global operations

In many ways, Atlassian represents a different kind of tech success:

• Less consumer hype

• More enterprise impact

• Quiet but deeply embedded in the global economy

The Bottom Line

Atlassian is one of Australia’s greatest business success stories — a company that started with a credit card and an idea, and grew into a global platform powering how modern work gets done.

It doesn’t sell phones or social networks.

It sells productivity, collaboration, and structure — the invisible systems that keep businesses moving.

And in a world increasingly defined by complexity, that may be more valuable than ever.