Google AI
The Times Australia

Times Media

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

  • Written by: The Times Business Desk
About Atlassian

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.

Property Times

Weekend Property Tour: Discover Melbourne's Eastern Suburbs

Melbourne's eastern suburbs offer one of Australia's most enjoyable weekend drives. From elegant inner-city neighbourhoods to thriving family communities and the gateway to the Yarra Valley, this route showcases a diverse range of homes, shopping p...

Melbourne Weekend Property Tour: South of the Yarra

Melbourne's south side has long held a special place in the city's property market. Stretching from the inner-city elegance of South Yarra through leafy family suburbs and out to the bayside, it offers everything from luxury penthouses and Victoria...

The Hidden Financial Risks of Self-Managing Your Australian Investment Property

For many Australian property investors, the initial appeal of self-managing a rental property is based on simple mathematics. By bypassing professional management, landlords hope to save the standard six to ten percent agency fee and maximise their a...

Australia's Property Market Is Adjusting. So Are Buyers

Australia's housing market is entering a new phase. For much of the past decade, buyers became accustomed to rising prices, fierce competition and the belief that property values would continue climbing over the long term. Today, the market feels ...

Food & Dining

Ultra-Processed Foods: The Hidden Ingredient in the Modern Australian Diet

Walk through almost any Australian supermarket and much of what fills the shelves has one thing in common: it has been processed. Processing itself is not the problem. Freezing vegetables, pasteurising milk and baking wholegrain bread are all form...

Is Red Wine Good for the Human Body?

Red wine has long enjoyed a reputation as the healthiest alcoholic drink. From the vineyards of France to dinner tables around Australia, it has often been associated with heart health, longevity and the so-called Mediterranean lifestyle. But does...

Masterchef's Flat Iron Steak available at Coles

Coles is giving customers the chance to cook like a MasterChef, launching a new 100% Australian No Added Hormones Beef Flat Iron Steak, following its starring role in Monday night's episode of MasterChef Australia. Featured in a challenge set by C...

Macca’s introduces new McSmart range with more choice from $6.95

Macca’s is launching its new-look McSmart range from Wednesday,1 July, with  three new meals at three price points.More than 30 million McSmart meals have been sold across the country over the past 12  months, with McSmart becoming a go-to option for...

Business Times

Public Tenders: The Business Opportunity Many Australian SMEs Ove…

Winning new customers is one of the biggest challenges facing any business. While many companies compete for private sector...

What Employers Look for Beyond the Résumé

A résumé tells an employer where you have studied, where you have worked and what qualifications you hold. What it cannot ...

When you sell your life's work: how capital gains tax applie…

For many Australians, an investment property is the most familiar example of a capital gains tax event. Buy a property, hol...

Technology

Hybrid, Plug-in Hybrid or Electric?…

Buying a new car has become more complicated than choosing between petrol and diesel. Today's buye...

Local News

Fremantle Ports to trial project to…

Fremantle Ports has partnered with Byssal and DevelopmentWA to trial an innovative nature-based pilo...

Culture

Dementia Cases Rise as Australia Ages: Is the…

Australia's ageing population is bringing dementia into sharper focus, with health experts and gov...

Travel

Why Vietnam's Ancient Cave Region Is Bec…

For years, Phong Nha in central Vietnam has attracted adventurous travellers drawn by its spectacu...

The Times Features

Public Tenders: The Business Opportunity Many Australia…

Winning new customers is one of the biggest challenges facing any business. While many companies c...

Dementia Cases Rise as Australia Ages: Is the Nation Re…

Australia's ageing population is bringing dementia into sharper focus, with health experts and gov...

Why Vietnam's Ancient Cave Region Is Becoming Asia…

For years, Phong Nha in central Vietnam has attracted adventurous travellers drawn by its spectacu...