<ul><li>Linear Orbit Inc., a competitor to Atlassian Corp., has raised $82 million in new funding to enhance its developer tools and target larger enterprise customers.</li><li>The funding round was raised on a valuation of $1.25 billion, with Linear offering issue-tracking and project management platform focusing on efficiency, clarity, and developer-first workflows.</li><li>Linear's platform features AI-assisted bug triage and sprint tools, along with a Triage system to efficiently manage incoming issues. It provides analytics tools for progress tracking and integrates with services like GitHub and Slack.</li><li>The Series C round was led by Accel Partners LP, with participation from existing investors 01A Advisors and Sequoia Capital Operations, and new investors Seven Seven Six and Designer Fund. Linear has raised a total of $134.2 million to date.</li></ul>

Atlassian rival Linear raises $82M to expand developer tools and target enterprise adoption

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