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