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This seems odd to me. I've looked at their products in the past, and they certainly aren't giving them away for free. I can't imagine they're not profitable, so what would they need this kind of money for?


Mainly expansion.

It looks like Atlassian is planning to use the money on getting more into Europe and Asia; getting some more acquisitions and giving some liquidity to employees.


Accel's business expertise is as important as (perhaps more important than) the money: "Accel has a long track record of helping companies break out" -- http://blogs.atlassian.com/news/2010/07/atlassian_adventure....




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