BlackLine CEO Wins 2 Golden Bridge Awards

ANNUAL AWARDS PROGRAM RECOGNIZES THE ‘BEST COMPANIES AND EXECUTIVES’ FROM AROUND THE WORLD

LOS ANGELES – Aug. 11, 2011 – Therese Tucker, CEO and founder of financial software provider BlackLine Systems, was honored last night at an awards ceremony in New York City with two 2011 Golden Bridge Awards in the “Women in Business and the Professions” category. The third annual awards program recognized “the best companies and executives” on a global level.

Tucker came away with the prestigious titles of “Best Entrepreneur/Founder – Non Services Business” and also “Best Woman Professional – SaaS or Cloud Computing.”

Other companies up for awards included Apple, Cisco, Facebook and Twitter.

The Golden Bridge recognition reflects the accomplishments of Tucker in building the account reconciliation and financial close software provider into the leading company in its space.

BlackLine revenues were up by more than 50 percent in both 2009 and 2010. The company also reported its strongest quarter on record in Q1, with its sales team closing half as many new deals in the first quarter of 2011 alone – traditionally the slowest time of year for software sales – as in the entire calendar year 2010. The 2009 growth follows three sequential previous years where the company’s revenues doubled under Tucker’s direction.

The Golden Bridge achievements follow a number of other accolades for BlackLine and Tucker. Most recently, Tucker won a 2011 Stevie® American Business Award? for Software Executive of the Year. At the end of 2010, Accounting Today named Tucker to its “10 Worth Watching” list of “pioneers in the accounting profession.” BlackLine also ranked 61st nationally and 3rd in Los Angeles on Deloitte’s 2010 Technology Fast 500™. Earlier this year, BlackLine was named a Red Herring 100 Global Winner – recognizing the company as one of the “most innovative and promising” tech ventures in the world.

The San Fernando Valley Business Journal also recently honored Tucker as a “Woman of the Decade.”

The Golden Bridge Awards are an annual industry and peers recognition program honoring companies in every major industry, of all sizes and from all over the world. Details about The Golden Bridge Awards and the list of honorees in all categories are available at http://www.goldenbridgeawards.com/awards/2011/.

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/.

MEDIA CONTACT:

Ashley Dyer
Sr. Public Relations Manager
P. 818.936.7166
E: ashley.dyer@blackline.com