BLACKLINE TO OPEN OFFICES IN THE SAN FRANCISCO BAY AREA WITH INITIAL FOCUS ON R&D AND INNOVATION

Cloud accounting automation software leader positions itself for future growth, tapping resources from global technology hub

LOS ANGELES and SAN FRANCISCO – May 9, 2019 – BlackLine, Inc. (Nasdaq: BL) announced today its plan to open an office next month in Pleasanton, Calif. as part of a strategic growth initiative to tap into the resources of the technology-heavy San Francisco Bay Area.

“We’ve been fortunate to reap the benefits of building BlackLine in the diverse and creative talent pool and culture of Los Angeles and then expanding to other key cities around the world. We are now excited to be able to complement that with the talent and other great resources the Bay Area has to offer,” said Therese Tucker, BlackLine CEO. “Our newest office – our 14th worldwide – will also serve as another R&D center as BlackLine continues to innovate in both technology and products. We expect to see high-value collaboration between northern and southern California teams.”

Though the immediate focus will be on hiring engineers and other technologists, with an architecture group, innovation lab and select product teams slated to be based there, BlackLine’s Pleasanton, Calif. facility also will house Sales/Marketing, Customer Success and Professional Services employees. Two members of the BlackLine management team will be regular users of the new Bay Area office: Chief Technology Officer Pete Hirsch and Chief Marketing Officer Andres Botero.

“There is a strong network of senior developers, software architects, cloud engineers, data scientists, product managers and UX designers in the San Francisco Bay Area from leading B2B SaaS companies who are ideal candidates for BlackLine’s growing Product and Technology teams as we continue to expand our platform, integration, connectivity and cloud services capabilities to better serve customers with their digital financial transformations,” said Mr. Hirsch. “Despite the smaller relative size of San Francisco compared to Los Angeles, the available pool of relevant talent likely doubles that currently available in LA, due to the specialized and concentrated technology focus in the Bay Area.”

To learn more about life at BlackLine or to apply for a job, please visit our Careers page.

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