No, Atlassian never raised any primary funding. The company was founded in 2002 by Mike Cannon-Brookes and Scott Farquhar, who bootstrapped the company with their own savings. Atlassian went public in 2015, and it has been profitable ever since.
Here are some of the reasons why Atlassian never raised primary funding:
- The company was founded by two experienced entrepreneurs who had a clear vision for the company.
- The company’s products were well-received by the market, and they were able to generate enough revenue to self-fund.
- The company’s founders were reluctant to give up control of the company to outside investors.
Atlassian’s decision to not raise primary funding has been a major factor in its success. The company has been able to maintain its independence and focus on its long-term goals. It has also been able to avoid the dilution of its ownership that often comes with venture capital funding.