Atlassian is continuing to grow through COVID-19 with the Australian software giant acquiring asset management company Mindville and reporting revenue up 33 per cent for the year to $US1.6 billion .on Friday revealed in its quarterly results that it generated $US430 million in revenue for the past three months, up 29 per cent and ahead of analysts' expectations of $US411 million.Atlassian co-chief executives Scott Farquhar and Mike Cannon-Brookes.
The company said it was investing for the long term and would take advantage of the talent available as a result of the pandemic to hire more than 1000 new employees with the majority in research and development.opens up a new market for the company enabling it to offer a configuration management data base for customers to track and configure hardware and software applications directly into Atlassian products.
In a call with analysts, Atlassian co-founder and co-chief executive Mike Cannon-Brookes said the company would continue to be bold in its strategy even though some of its smaller customers had "churned" as a result of coronavirus. Mr Cannon-Brookes said 2021 was going to be a challenging year as the world continued to emerge from the impact of coronavirus.