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BlackLine Systems Gets Investment From Silver Lake Sumeru

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Los Angeles-based BlackLine Systems , the developer of financial close software-as-a-service, has scored an investment from private equity firm Silver Lake Sumeru. As part of the investment, Silver Lake Sumeru has added Hollie Moore Haynes, John Brennan and Jason Babcoke to BlackLine''s board of directors.

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CreatorIQ Connects With $40M More

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Los Angeles-based influencer marketing startup CreatorIQ has raised $40M more in funding, according to the company. CreatorIQ is led by founder and CEO Igor Vaks. The company says it has now raised over $80M in funding.

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BlackLine Systems Hires Chief Marketing Officer

socalTECH

Los Angeles-based financial software developer BlackLine Systems has hired its first, Chief Marketing Officer, the company announced today. BlackLine Systems develops software used for handling the financial close for companies. The company is backed by private equity firm Silver Lake. READ MORE>>.

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BlackLine Discloses Revenues: $10M to $30M

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Los Angeles-based BlackLine Systems , the fast growing developer of financial software for enterprises, looks to be generating between $10M to $30M, based on a recent ranking of the company by an indutsry magazine. The company recently took a majority investment from Silver Lake Sumeru. BlackLine said it took the No.

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BlackLine Sees 50 Percent Rise In Revenues

socalTECH

Los Angeles-based financial automation software develper BlackLine continues to see its revenues grow, saying Thursday that its 2014, year-over-year revenues were up more than 50 percent. The company receive more than $200M in private equity funding from Silver Lake Partners a few years ago. READ MORE>>.

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A Chat With Jamie Montgomery On How LA's Tech Ecosystem Has Grown

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Next week is the Montgomery Summit (www.montgomerysummit.com), one of the longest running technology conferences held in Los Angeles. It's now an internationally recognized showcase for technology here in Los Angeles, and we also get to showcase Southern California companies, as well. I think that is a big strength for us.