Aussie IdM vendor gets 60M!

Atlassian is an Aussie company more famous for the Confluence Wiki and Jira bug tracking software than Crowd – their IdM product suite (if being generous) / stack of identity stuff (more on target).

Crowd includes an .NET SSO application framework (think raw web access management), some basic provisioning and OpenID integration. I heard about this great news last week and promptly forgot until I read the latest Slattery’s Watch email (company here, subscribe here)a few minutes ago.¬†Since I’m lazy, here is their take verbatim (where’s the RT button??):

Atlassian has received a USD $60M investment from venture capital firm,¬†Accel Partners for a minority equity position. Rich Wong, Partner at Accel Partners, will join Atlassian’s board. On the Atlassian¬†blog, Mike Cannon-Brookes said that after being courted for years by many investors, Accel stood out because they understood Atlassian’s culture and values. Atlassian was co-founded in 2002 by Mike Cannon-Brookes and Scott Farquhar in Sydney, has been profitable since its inception, and until this round has received no outside financing. Mike and Scott will continue as co-CEOs of Atlassian. Atlassian has 225 employees based in Australia, North America and Europe. The funds from Accel will help expansion plans into Europe and Asia and to facilitate liquidity for employees.

And hopefully some more home grown idm.

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