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Date Posted: 12/3/2009
BlackLine Ranks No. 1 in Category on SFVBJ List of Fastest-Growing Private Companies
Financial software provider doubled revenues, added Fortune 500 customers, expanded internationally in last year
Calabasas, Calif. – Dec. 3, 2009 –Financial software provider BlackLine Systems achieved the No. 1 spot in its category on the San Fernando Valley Business Journal’s (SFVBJ) annual ranking of the top 50 Fastest-Growing Private Companies in the community. The company took the No. 4 position, overall. Under CEO Therese Tucker’s direction, the company doubled revenues, added major new customers such as Four Seasons, ExpressJet and Alcan and expanded to serve more global customers in the past year. The SFVBJ acknowledgment follows a recent No. 113 ranking on Inc. Magazine’s prestigious list of the fastest-growing private companies in the United States and a No. 6 spot on the Los Angeles Business Journal’s (LABJ) list of Fastest-Growing Private Companies in the Greater Los Angeles region. About BlackLine
Founded in 2001, BlackLine Systems was the first to develop and offer a commercially available Balance Sheet Account Reconciliation solution. An experienced provider of software to companies from the Fortune 100 to beyond the Fortune 1,000, BlackLine provides quick-to-implement, scalable and easy-to-use applications that automate the entire financial close process to help improve financial controls for companies of all sizes. BlackLine software applications complement and are an integral component of existing Enterprise Performance Management (EPM), Governance Risk and Compliance (GRC) and Enterprise Resource Planning (ERP) systems. BlackLine offers clients its enterprise-class software in an easy to implement OnDemand/SaaS platform. With a proven track record and a commitment to customer success, BlackLine seeks to reduce the effort the financial close places on accounting and finance professionals. For more information, please visit www.blackline.com.
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