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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.

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

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