Blackline Systems Ranks No. 113 on Prestigious Inc. 500/5000 List; Makes Top 10 for Women-Run Companies
FINANCIAL SOFTWARE PROVIDER MOVES UP NEARLY 200 SPOTS IN NEW RANKING OF AMERICA’S FASTEST-GROWING PRIVATE COMPANIES WITH MORE THAN 1,452% GROWTH IN LAST THREE YEARS
Calabasas, Calif. - August 24, 2009 - Demonstrating 1,452.5 percent growth over the last three years, BlackLine Systems moved up nearly 200 spots to No. 113 on Inc. Magazine’s newest list of the fastest-growing, U.S.-based private companies. BlackLine also took the No.10 position for “Women-Run Companies” in the prestigious annual ranking.
BlackLine achieved the No. 6 and No. 13 spots in the Financial Services industry sector and Los Angeles regional categories, respectively. To see the complete listing for BlackLine, please visit: Company Profile at www.inc.com.
BlackLine’s revenues have doubled in each of the past two years. The company also has expanded internationally, opening offices in both Sydney and Paris earlier this year. BlackLine clients include a long list of global companies such as AT&T, General Mills, eBay and Northrop Grumman.
The Inc. 500/5000 companies are ranked according to percentage revenue growth from 2005 through 2008. For more information, go to: Introduction. To learn more about the selection criteria and methodology, go to: Methodology. The Inc. 500 magazine issue highlighting the top 500 companies on the list is currently on news stands.
About BlackLine Systems
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 the CFO. For more information, please visit www.blackline.com