BLACKLINE MAKES SOFTWARE 500 LIST FOR 7th YEAR IN A ROW
Software Magazine Ranks Cloud Financial Automation Solutions Provider One of World’s Best-Performing Software Companies
LOS ANGELES – Dec. 4, 2017 – BlackLine,Inc. (Nasdaq: BL) has been recognized by Software Magazine for the seventh year in a row as one of the largest and best-performing software and services providers in the world, with an overall 2017 Software 500 ranking of No. 277 – up 34 spots from last year’s 311 ranking. The financial automation software provider also took the No. 5 spot in the software-as-a-service (SaaS) category and placed No. 19 on the list of fastest-growing companies in the $100 million to $1 billion revenue range, a testament to the growing demand in the marketplace for the company’s cloud platform for finance controls and automation.
The Software 500 is a revenue-based ranking of software and services suppliers targeting medium-size to large enterprises, their IT professionals, software developers and business managers involved in software and services purchasing. The 2017 Software 500 ranking is based on reported total worldwide software and services revenue for 2016 compared to 2015.
Financial information for the Software 500 is gathered by a survey prepared by Rockport Custom Publishing, LLC. Go here for a comprehensive review of the methodology or to see the complete 2017 Software 500 which was released in the November issue as both a print and digital publication.