BlackLine Systems Honored as a Winner in Red
Herring 100 Ranking of the Top Private
Tech Companies in North America
Annual award recognizes the “most promising” companies driving the future of technology
June 28, 2010 03:59 PM Eastern Daylight Time
CALABASAS, Calif.--(EON: Enhanced Online News)--Global media company and leading technology industry
news source Red Herring has honored financial software provider BlackLine Systems as a 2010 winner of its
prestigious Red Herring 100 award – an annual ranking of the 100 most innovative private technology companies in
the North America business region.
The Red Herring editorial team selected the Winners from hundreds of companies across North America. The
winners were evaluated on both quantitative and qualitative criteria, such as financial performance, technology
innovation, quality of management, execution of strategy and integration into their respective industries.
This unique assessment of potential is complemented by a review of the actual track record and standing of a
company, which allows Red Herring to see past the “buzz” and make the list an invaluable instrument for discovering
and advocating the greatest business opportunities in the industry.
Under CEO Therese Tucker’s direction, BlackLine has been on a steady growth path, recently recording two
sequential years where the company doubled its revenues. BlackLine clients include Associated Press, Concur
Technologies, Express Jet, Four Seasons and Unified Grocers.
Founded in 2001, BlackLine Systems was the first to develop and offer a commercially available Balance Sheet
Account Reconciliation solution. An experienced provider of software to companies from the Fortune 100 to
beyond the Fortune 1,000, BlackLine provides quick-to-implement, scalable and easy-to-use applications that
automate the entire financial close process to help improve financial controls for companies of all sizes. BlackLine
software applications complement and are an integral compone