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BlackLine Systems Names New CTO

Los Angeles-based financial software developer BlackLine Systems said today that it has hired a new, Chief Technology Officer. According to the enterprise software company, it has named Alain Avakian as its CTO. Avakian joins the company from Rent.com, where he had been for thirteen years; he had been one of the first employees of Rent.com, having been at the company both through its acquisition by eBay and its acquisition by TPG/RentPath. He also has served at such companies at Stamps.com, Citysearch/Ticketmaster, and TCI/AND Interactive and Packard Bell.