BlackLine Systems Selected As Finalist In Red Herring Ranking of the Top Private Tech Companies In North America

Calabasas, Calif. - May 6, 2009 - Global media company and leading technology industry news source Red Herring has named financial software provider BlackLine Systems as a Finalist for its prestigious Red Herring 100 Award – an annual ranking of the 100 most innovative private technology companies based in North America.

Red Herring chose 200 finalists for its 2009 award from a pool of more than 1,200 entrants. Selections were based on a number of criteria including each company’s Technology, Management Team, Customers, Business Model, Alliances/Partners and Financing. The winning companies will be announced next week at the Red Herring 100 Award event in San Diego.

About BlackLine

BlackLine is a provider of cloud-based solutions that transform Finance and Accounting (F&A) by automating, centralising and streamlining financial close operations, intercompany accounting processes and other key F&A processes for large and midsize enterprises.  Designed to complement ERP and other financial systems, BlackLine’s cloud platform increases operational efficiency, real-time visibility, control and compliance to ensure end-to-end financial close management and accounting automation.

BlackLine’s mission is to continuously improve the quality, accuracy and efficiency of Finance and Accounting by centralising key functions within a single, unified cloud platform. Enabling customers to move beyond outdated processes and point solutions to a Continuous Accounting model, in which real-time automation, controls and period-end tasks are embedded within day-to-day activities. BlackLine helps companies modernise accounting operations with intelligent automation, ensuring more accurate and insightful financial statements and a more efficient financial close.  To date more than 2,800 companies with users in over 130 countries around the world trust BlackLine to help ensure balance sheet integrity and confidence in their financial statements.

BlackLine is recognized by Gartner as a Leader in its 2019 Magic Quadrant for Cloud Financial Close Solutions.

Based in Los Angeles, BlackLine also has regional headquarters in London, Singapore and Sydney servicing its 14 global locations.For more information, please visit https://www.blackline.com/.