The Cloud 100 is the "definitive list of the top 100 private cloud companies in the world" published by Forbes in collaboration with Bessemer Venture Partners and Salesforce Ventures. BlackLine was honored in 2016 with inclusion in the inaugural Forbes Cloud 100. Less than two months later, the financial automation software provider made its debut on the Nasdaq.
The distinguished Cloud 100 judges panel, composed primarily of public cloud company CEOs, evaluates companies based on four factors: market leadership (35%), estimated valuation (30%), operating metrics (20%) and people & culture (15%).
"In just three years, the Cloud 100 list has established an impressive track record of cementing the reputations of top cloud companies which have continued to achieve notable success, including recently public cloud companies BlackLine, DocuSign, Dropbox, Carbon Black and SendGrid," said Byron Deeter, partner at Bessemer Venture Partners. "Ten companies from last year's list have gone public, and several more were acquired or raised significant funding. We're honored that the leading public cloud company CEOs will once again lend their expertise to this year's list."
The 2018 Cloud 100 celebration will take place in San Francisco on September 12th.
BlackLine is a provider of cloud-based solutions that transform Finance and Accounting (F&A) by automating, centralizing and streamlining financial close operations, intercompany accounting processes and other key F&A processes for large and midsize organizations. Designed to complement virtually all ERP and other financial systems including SAP, Oracle and NetSuite, BlackLine increases operational efficiency, real-time visibility, control and compliance to ensure end-to-end financial close management and accounting automation from 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Enabling customers to move beyond outdated processes and point solutions to a Continuous Accounting model, in which real-time automation, controls and period-end tasks are embedded within day-to-day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 modernize accounting operations with intelligent automation, ensuring more accurate and insightful financial statements and a more efficient financial close. More than 2,400 companies with users 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 2018 Magic Quadrant for Cloud Financial Close Solutions and as a pioneer in the cloud market for enhanced financial control and automation.
Based in Los Angeles, BlackLine also has regional headquarters in London, Singapore and Sydney. For more information, please visit www.blackline.com.