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Atlassian, the company behind project management software JIRA and team communication app HipChat, has submitted a confidential filing for an initial public offering (IPO), according to a new report.

Atlassian, which has long been profitable, now carries a valuation above $3 billion, according to today’s report from the Wall Street Journal. Goldman Sachs and Morgan Stanley are among the underwriters for the IPO, the report says.

A spokeswoman for Atlassian declined to comment.

Atlassian took a $150 million investment from T. Rowe Price and Dragoneer Investment Group last year. The company started in 2002 and is based in Sydney.

Recent Atlassian acquisitions include Blue Jimp, Hall, Jitsi, and Wikidocs.

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