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.
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/.