Business
BlackLine CEO Marc Huffman Named a Judge for 2022 Forbes Cloud 100
Since its inclusion in the first-ever Cloud 100 in 2016, BlackLine has gone public and continues to help companies around the world embrace modern accounting
About this update from Blackline, Inc.
[{"type":"text","content":"Since its inclusion in the first-ever Cloud 100 in 2016, BlackLine has gone public and continues to help companies around the world embrace modern accounting\nLOS ANGELES, Aug. 9, 2022 /PRNewswire/ -- BlackLine, Inc. (NASDAQ: BL) CEO Marc Huffman was invited to serve as a judge for the prestigious 2022 Forbes Cloud 100 list, divulged online today.\n\n \n \n \n \n \n \n\n \nNow in its seventh year, the annual Cloud 100 is the \"definitive ranking of the top 100 private cloud companies in the world\", published by Forbes in partnership 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 accounting automation software leader made its debut on the Nasdaq.\nThe Cloud 100 evaluation process involved ranking companies across four factors: market leadership (35%), estimated valuation (30%), operating metrics (20%) and people & culture (15%). For market leadership, the Cloud 100 enlists the help of a judging panel comprised of public cloud company CEOs who assist in evaluating and ranking their private company peers. Mr. Huffman joined a distinguished 2022 Cloud 100 judging panel including the CEOs of market leaders Hubspot, Twilio and Zoom. \n\"The Cloud 100 list has established itself with an impressive track record of cementing the reputations of market-leading cloud companies that have continued to excel and achieve notable success, including several, such as BlackLine, which have gone on to go public,\" said Mary D'Onofrio, partner at Bessemer Venture Partners. \"The Cloud 100 judges' qualifications precede them. We're honored that the leading public cloud company CEOs have once again lent their expertise in identifying the next wave of cloud leaders.\"\nA seasoned SaaS (software-as-a-service) executive with more than 25 years of experience driving growth at successful software companies, Huffman joined BlackLine in early 2018 as chief operating officer. He was named president in February 2020 and CEO as of Jan. 1st, 2021. Prior to BlackLine, Huffman served as president of worldwide sales and distribution at NetSuite. During his 14-year tenure, NetSuite grew from $3 million to $1 billion in annual revenue and became recognized as a global SaaS powerhouse.\nUnder Huffman's direction, BlackLine was recently recognized by...