Global provider of team collaboration and productivity software, Atlassian Corporation Plc opened an R&D centre that can accommodate over 700 employees in Bengaluru on Wednesday. The Nasdaq listed firm which established a local presence last year, plans to grow the 1,12,884 sq ft Bengaluru office into a world-class R&D and customer support centre.

“We have already hired more than 200 employees in Bengaluru and will more than double the headcount to 500 employees in the next 12 months, which will make it our third largest R&D centre after the US and Sydney. We are here not just for the technical talent but also for the design, product, security talent and every kind of talent that it takes to build products for the global markets from India” Mike Cannon-Brookes, co-founder and co-ceo, Atlassian told BusinessLine . In the coming months, the company which is located in RMZ Ecoworld, plans to add people in roles spanning engineering, design, product management, recruitment and customer support.

Atlassian is the maker of products such as Jira, Confluence, Bitbucket, and Trello that are used by over 1,44,000 customers worldwide, including Ola Cabs, Reliance, Walmart Labs and Flipkart. The company has invested $415.8million in R&D in FY18, up 34 per cent from the previous year and has grown its R&D team by approximately 50 per cent since 2017.

Last year, Atlassian was the top recruiter at PES University, Bengaluru where it offered the highest compensation of ₹ 48 lakh plus benefits for IT talent. “We believe in hiring the top talent in the country and our compensation package includes restricted stock units among other components. We like to create ownership among our employees for each of the sites that we operate in” said Dinesh Ajmera, site leader and head of engineering for Bengaluru, Atlassian.

The company’s team collaboration and productivity software helps teams organize, discuss and complete shared work. Teams across large and small organizations including General Motors, Walmart Labs, Bank of America Merrill Lynch, Lyft, Verizon, Spotify and NASA use Atlassian’s project tracking, content creation, sharing and service management products to work better together and deliver quality results on time.

“Bengaluru has some of the brightest tech talent in the world, and within our first year in the market we’ve hired incredible people whose work has had a direct impact on our global customer base,” said Sri Viswanath, chief technology officer of Atlassian. “I’m confident that the work done in this office will help Atlassian reach its long-term goal of reaching 100 million monthly active users.”

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