Atlassian Filed for a $250m IPO

Atlassian Corporation filed an S-1 for a $250m IPO this morning.  The company named Goldman Sachs and Morgan Stanley as lead bookrunners.  Atlassian will list on the Nasdaq under the ticker symbol “TEAM.”

Company Description: Atlassian sells business collaboration software.

Competitive Set: Microsoft, IBM, Rally Software (CA Technologies), GitHub, Zendesk