Australian software company Atlassian acquires Code Barrel

Photo: Bloomberg

Australia-headquartered software company Atlassian has acquired Code Barrel, makers of an automation tool for Jira, for an undisclosed sum, according to an announcement.

According to the company, automation for Jira is sold exclusively through the Atlassian Marketplace and extends automation capabilities across the entire Jira family.

“We’re excited to announce today that we have acquired Code Barrel, makers of Automation for Jira. The Code Barrel team obsesses over customers, works as an open company, and values giving back to the community,” said Noah Wasmer, Head of Tech Teams of Atlassian.

Code Barrel was founded in 2016 by two former Atlassians. The company claims that Automation for Jira is already used by more than 6,000 organisations, from financial services firms like Visa, to tech giants like Cisco and consumer companies like Airbnb and Trip Advisor.

“Becoming part of Atlassian will provide an amazing opportunity for us to continue building a solid solution for what our customers need and we’ll now be able to invest in R&D more heavily to further improve Automation for Jira,” Andreas Knecht, Founder, said in a blog post.

Atlassian provides issue tracking, collaboration, and software development tools. The company offers tools that enable software development teams to conceive, plan, build, and launch products.

The acquisition comes alongside Atlassian’s first-quarter financial results. The collaboration and productivity software company posted a net income of $69.3 million for the first quarter of fiscal 2020, compared with a net loss of $242.4 million for the first quarter of fiscal 2019.

Last year, Atlassian sold its open-source video communications technology platform, Jitsi, to 8×8, a cloud based communications service. The deal came three years after Atlassian acquired BlueJimp, the original company behind the Jitsi platform.

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.