HR software giant Atlassian has announced it has entered into a definitive agreement to acquire New York-based The Browser Company for a sum of $610 million.

Atlassian stated that the deal will allow the combined companies “to deliver the browser for knowledge work in the AI era”.

Established in 2019, The Browser Company launched the Arc browser in 2023 and the AI-powered Dia browser in June this year.

The startup has generated funding of $128 million since inception, including a Series A funding of $50 million in March 2024, led by Pace Capital, with a company valuation of $550 million.

Other investors include Jeff Weiner (LinkedIn), Ev Williams (Medium), Dylan Field (Figma), Akshay Kothari (Notion), and Jason Warner (GitHub).

“Work has changed. Many of the apps that knowledge workers use have moved to SaaS. And with that, the browser has become the gateway to those apps, or in other words – the place where work gets done,” Atlassian Head of Product, Sanchan Saxena, exclusively tells UNLEASH.

“The challenge is, current browsers are not built for that. They’re focused on the broad mass of consumers who just want to surf the web. That won’t suffice for modern knowledge work anymore. And we are already in the middle of the next tectonic shift with AI.

“That is why Atlassian and The Browser Company intend to reimagine the browser for knowledge work in the AI era. There are one billion knowledge workers in the world; this is the target group we want to focus on together.

Dia will enable knowledge workers to get things done faster and better – and will be the best browser to use with any of your favorite SaaS apps. It will also be packed with AI skills and work memory.”

Enhancing workflow through AI-driven context

Atlassian’s 2025 State of Teams Report found that 2.4 billion hours are being wasted searching for information each year at Fortune 500 organizations.

Molly Sands, Head of the Teamwork Lab at Atlassian, told UNLEASH at the time that “people have really reached that breaking point” around information overload and playing digital hide and seek.

Sands added that AI is way for organizations to combat information overload.

The acquisition of The Browser Company is aligned with making that a reality for knowledge workers, through the provision of AI-powered browsers that incorporate context from SaaS applications where workers spend most of their time, such as email, project management and design tools.

“For laptop workers, your browser is where your job actually happens – where you spend hours working within tabs every day,” said Josh Miller, The Browser Company’s CEO and Co-Founder.

“That context, plus access to your tools, is incredibly valuable for AI. Atlassian gets that. Teaming up means we can move faster, dream bigger, and focus on building an AI browser for work that people genuinely love to use – one that is trusted by companies but feels personal to every individual.”