Atlassian Expands Data Capabilities with Chartio Acquisition

The Atlassian platform contains a wealth of information regarding company operations and internal communications. Last fall, Atlassian introduced Atlassian Smarts, a machine learning layer leveraging data within the platform.

Today, the company revealed its acquisition of Chartio, designed to integrate a new data analysis and visualization capability into the Atlassian product suite. The financial terms of the acquisition were not disclosed.

Integrating Chartio Technology

Atlassian intends to integrate Chartio’s technology throughout its platform, beginning with Jira. Prior to the acquisition, Chartio had already established a significant user base.

Data from Chartio indicates that 280,000 users had created over 10.5 million charts, assembled into 540,000 dashboards sourced from more than 100,000 different data sources.

Atlassian views Chartio as a means to unlock the potential of the data currently held within its products, providing enhanced data visualization tools. “Atlassian products are home to a treasure trove of data, and our goal is to unleash the power of this data,” stated Zoe Ghani, head of product experience at platform at Atlassian, in a blog post.

“We want to enable our customers to move beyond standard reports and create customized analytics tailored to their organizational needs.”

Deal Origins and Future Plans

Dave Fowler, co-founder and CEO of Chartio, explained in a blog post that discussions regarding the acquisition began late last year, culminating in today’s announcement.

He expressed the belief that Chartio would benefit from being part of a larger organization like Atlassian, with its extensive resources.

“The opportunity to combine our technology with Atlassian’s platform and reach was incredibly compelling,” Fowler wrote. “Their product-led approach, customer focus, and educational marketing have always been aspirational for us.”

Chartio Product Sunset

Unfortunately, Chartio customers will see the product discontinued next year, as noted in a notice on the company website.

However, users will be provided with ample time and instructions to export their data to alternative tools.

Company Background

Founded in 2010, Chartio was a participant in the Y Combinator Summer 2010 program. According to Pitchbook data, the company raised $8.03 million in funding throughout its history.