LOS ANGELES – May 11, 2017 – Financial automation software provider BlackLine, Inc. (Nasdaq: BL) was honored last night by the Los Angeles Chapter of the Association for Corporate Growth (ACG LA) with the ‘IPO of the Year’ award, following the company’s October 2016 debut on the Nasdaq Global Select Market.
Each year, ACG LA recognizes “exceptional companies” in the Los Angeles region that have “demonstrated outstanding performance and leadership,” choosing from a pool of hundreds of deserving nominations. Other award recipients included Dollar Shave Club, LA Rams and Stamps.com.
CEO and Founder Therese Tucker built BlackLine from the ground up into a leader in its space, with Finance and Accounting professionals in more than 130 countries around the world now using BlackLine’s cloud platform to automate traditionally manual, labor-intensive and spreadsheet-driven account reconciliation and financial close processes. BlackLine customers include such brand name companies as DIRECTV, Expedia, Hyatt Hotels, Qantas Airways and T-Mobile.
Ms. Tucker’s passion, persistence and effort have paid off with BlackLine ranking No. 7 on the 2016 list of the ‘50 Fastest’ Women-Owned/Led Companies in North America, as reported at Fortune.com. In addition, BlackLine has made the Software 500 list of the “largest and best performing software and service providers in the world” for the sixth year in a row and also the prestigious Inc. 500/5000 for the past nine years, joining the ranks of such companies as Jamba Juice, Microsoft and Patagonia.
Tucker accepted the award at the ACG LA Annual Awards Ceremony last night at the Walt Disney Concert Hall in downtown Los Angeles.