SYDNEY – May 24, 2024 — BlackLine, Inc. (Nasdaq: BL) announced today that it has opened its first Asia-Pacific (APAC) regional data center within a Google Cloud facility in Sydney. The investment will support customers with their data sovereignty requirements and advance their capacity to scale their finance and accounting (F&A) operations while providing the highest levels of performance, security, and resilience.
The new site in Australia has been added as part of BlackLine’s ongoing investment across its APAC operations and complements existing BlackLine data center infrastructure in the United States and Europe, expanding the company’s global coverage to better serve its growing customer base. Disaster recovery for regional customers will be provided through Google Cloud’s data center infrastructure in Singapore.
BlackLine’s new data center will provide increased capacity to address rising demand from both private and public sector organizations for the company’s continuous rollout of new solutions and services to enhance its market-leading cloud platform. The new data center will connect IT users with business applications over the shortest path, providing a fast, secure user experience. The investment also further enables APAC companies that are sensitive to data sovereignty to maintain their data within the region, accelerating regional and global data initiatives by satisfying country-specific data needs.
“By leveraging Google Cloud, BlackLine can provide the highest levels of capacity, speed to innovation, and security,” Mac Weaver, group vice president and general manager, APAC, BlackLine, said. “This is a material investment by BlackLine to continue our focus on serving the needs of regional private and public sector customers, ensuring that their finance and accounting databases are resilient and can scale to meet industry standards today and into the future.”
“Ultimately, adding an onshore data center in Australia will also enhance our customers’ overall experience and enable us to further support the localization of our solutions to address ever-evolving market requirements.”
BlackLine has a large customer base both headquartered and operating in APAC and has been operating in the region for more than 12 years.
About BlackLine
Companies come to BlackLine (Nasdaq: BL) because their traditional manual accounting and finance processes are not sustainable. BlackLine’s market-leading cloud platform and customer service help companies move to modern accounting by unifying their data and processes, automating repetitive work, and driving accountability through visibility. BlackLine provides solutions to manage and automate financial close, intercompany accounting, invoice-to-cash, and consolidation processes – inspiring, powering, and guiding large enterprises and midsize businesses on their digital finance transformation journeys.
More than 4,400 customers trust BlackLine to help them close faster with complete and accurate results. The company is the pioneer of the cloud financial close market and is recognized as the leader by customers at leading end-user review sites including G2 and TrustRadius. BlackLine is a global company with operations in major business centers including Los Angeles, New York, the San Francisco Bay area, London, Paris, Frankfurt, Tokyo, Sydney, Bangalore, and Singapore. For more information, visit blackline.com.
BlackLine Forward-looking Statements
This release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. In some cases, you can identify forward-looking statements by terminology such as “may,” “will,” “should,” “could,” “expect,” “plan,” anticipate,” “believe,” “estimate,” “predict,” “intend,” “potential,” “would,” “continue,” “ongoing” or the negative of these terms or other comparable terminology. Forward-looking statements in this release include statements regarding our growth plans, strategies and opportunities.
Any forward-looking statements contained in this press release are based upon BlackLine’s current plans, estimates and expectations, and are not a representation that such plans, estimates, or expectations will be achieved. Forward-looking statements are based on information available at the time those statements are made and/or management’s good faith beliefs and assumptions as of that time with respect to future events and are subject to risks and uncertainties. If any of these risks or uncertainties materialize or if any assumptions prove incorrect, actual performance or results may differ materially from those expressed in or suggested by the forward-looking statements. These risks and uncertainties include, but are not limited to, risks related to the Company’s ability to execute on its strategies, attract new customers, enter new geographies and develop, release and sell new features and solutions; and other risks and uncertainties described in the other filings we make with the Securities and Exchange Commission from time to time, including the risks described under the heading “Risk Factors” in our Annual Report on Form 10-K. Additional information will also be set forth in our Quarterly Reports on Form 10-Q.
Forward-looking statements should not be read as a guarantee of future performance or results, and you should not place undue reliance on such statements. Except as required by law, we do not undertake any obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future developments or otherwise.