Atlassian Makes Strategic Investment in Rocketlane Through Venture Arm

MT Newswires Live

07/07

Atlassian's (TEAM) venture capital arm, Atlassian Ventures, has made a strategic investment in Rocketlane, the latter said Tuesday.

Financial terms were not disclosed.

The provider of software for professional services teams said Atlassian is also a customer and uses its platform for artificial intelligence-driven professional services work.

Rocketlane said the investment follows its $60 million Series C financing and the expansion of its customer base to more than 750 companies.

Shares of Atlassian were up 2.6% in Tuesday trading.

Price: 88.39, Change: +2.89, Percent Change: +3.38

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