February 28, 2015 12:33 AM ET

Internet Software and Services

Company Overview of BlackLine Systems Inc.

Company Overview

BlackLine Systems Inc. provides finance controls and automation software, a Software-as-a-Service solution for companies around the world. It offers an account reconciliations product for accountants to verify the correctness of account balances across various balance sheet accounts; a task management product that provides a configurable and Web-based platform for managing accounting and finance tasks and processes; and a transaction matching product to streamline and automate detail-heavy reconciliations, such as bank reconciliations, credit card matching, intercompany reconciliations, and invoice-to-PO matching. The company also offers a journal entry product, a journal entry management sy...

21300 Victory Boulevard

12th Floor

Woodland Hills, CA 91367

United States

Founded in 2001





Key Executives for BlackLine Systems Inc.

Founder, Chairman of The Board and Chief Executive Officer
Chief Financial Officer
Age: 46
Vice President of Operations
Executive Vice President and Executive Director of EMEA
Executive Vice President
Age: 66
Compensation as of Fiscal Year 2014.

BlackLine Systems Inc. Key Developments

BlackLine Announces Executive Changes

BlackLine announced the hiring of Mark Partin as Chief Financial Officer. Mr. Partin is a seasoned executive with extensive experience overseeing finance organizations for high-growth companies, most recently serving as CFO at Fiberlink Communications. As CFO at BlackLine, Mr. Partin will be responsible for ensuring that the finance organization can enable the company to continue to drive growth, capitalizing on the growing worldwide demand for software solutions that drive greater efficiency, financial governance and risk management across the spectrum of financial operations. Former CFO Charles Best will remain with the company as Chief Accounting Officer.

BlackLine Reportedly Seeks IPO

BlackLine Systems Inc. is rumored to be prepping for an initial public offering (IPO).

BlackLine Announces Revenue Results for the Year 2014

BlackLine announced revenue results for the year 2014. The company reported 2014 year-over-year revenues were up more than 50% as global companies of all sizes accelerate adoption of the company's 'Modern Finance' cloud platform for finance controls and automation.

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