BlackLine Systems CEO Invited to Speak on ‘Women of Silicon Beach’ Panel in Los Angeles
Financial software company founder Therese Tucker to share how she’s grown her LA-based business into one of the fastest-growing SaaS providers in the world
LOS ANGELES – May 20, 2013 – BlackLine Systems CEO and Founder Therese Tucker has been invited to speak this week in Los Angeles (LA) on a ‘Women of Silicon Beach’ panel, presented by Broads Circle and sponsored by Ernst & Young LLP. Other panelists include CEOs, founders and executives from other LA-based growth companies, investment and consulting firms including Nasty Gal, One Kings Lane, SmartyPants Vitamins, Greycroft Partners, Ernst & Young and Demand Media.
LA’s vibrant entrepreneurial scene – branded “Silicon Beach” – is making headlines with AngelList, a community of startups, listing 1,400 startups and 1,300 investors in LA, and Represent.la showing a map with more than 600 startups, 15 accelerators, 28 incubators and 47 investment firms. The Broads Circle ‘Women of Silicon Beach’ program discussion will center around how each panelist translated her vision to get a company off the ground and expand on its initial success, and how each approached capital raising to finance the various stages of growth.
Drawing on her experience building LA-based financial close software provider BlackLine Systems into the leader in its space and now (ten years later) providing BlackLine’s flagship financial close software to clients around the world, Tucker will share her insight and guidance for other entrepreneurs looking to start technology companies in the greater Los Angeles region. Tucker will discuss how she got to where she is today, obstacles involved in starting a company and how she managed to continue to grow her company during a down economy into one of the fastest-growing software companies ever.
Under Tucker’s direction, BlackLine revenues were up by more than 50 percent year over year in 2010, 2011 and 2012 and are expected to grow by at least that pace in 2013. During the past several years, many new Fortune 500 companies have signed on to implement the BlackLine Financial Close Suite in a Software-as-a Service (SaaS) environment across their global organizations.
Tucker’s passion, persistence and effort have paid off with BlackLine ranking No. 15 on the 2012 list of the ‘50 Fastest’ Women-Owned/Led Companies in North America, as reported in The Wall St. Journal. BlackLine also has made the Software 500 ranking of the world’s largest and best-performing software companies for the past two years and the prestigious Inc. 500/5000 list for the past five years in a row.
Most recently, Tucker was honored earlier this year with a ‘2013 Enterprising Women of the Year Award’ from Enterprising Women magazine. A recognized leader and inspiration for young entrepreneurs and other women looking to excel in business, Tucker has spoken in front of groups of accounting and business students at leading U.S. universities including Harvard Business School and New York University’s Stern School of Management.
About BlackLine Systems
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 existing Enterprise Performance Management (EPM), Governance Risk and Compliance (GRC) and Enterprise Resource Planning (ERP) systems.
BlackLine offers clients its enterprise-class software in a simple and secure OnDemand/SaaS platform. With a proven track record and a commitment to customer success, BlackLine seeks to reduce the burden the financial close places on accounting and finance professionals.
BlackLine headquarters are in Los Angeles, with offices in Atlanta, Chicago, London, Melbourne, New York City and Sydney to serve the company’s growing global client base. For more information, please visit www.blackline.com.