Hipchat-Maker Atlassian Begins Trading Up 32% at $27.67, Valued At $5.8 Billion

atlassian-white-blue After pricing its IPO at $ 21, above the expected range of $ 19 to $ 20, Atlassian began trading up 32% at $ 27.67 in its debut on the Nasdaq today. This gives the company a valuation of $ 5.8 billion. The Australia-based unicorn, whose backers include Accel and T. Rowe Price, raised capital at over a $ 3.3 billion valuation in the private markets. In the wake of companies like Square and Box… Read More
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