BlackLine Opens New Technology Development Centre In Bengaluru

* India Development Center to expand accounting automation software leader’s R&D capabilities and drive innovation for global customers

US-based BlackLine, Inc. (Nasdaq: BL), a leading provider of cloud software that automates and controls critical accounting processes, announced the opening of its India Development Center (IDC) in Bengaluru, an innovation hub that will focus on advancing new solutions and accelerating product development in an effort to further deliver excellence for the company’s global customer base.

Located in Bengaluru’s WeWork at Embassy Golf Links Business Park, the new center will expand BlackLine’s Research and Development (R&D) capability and is expected to accommodate several hundred employees by the end of 2024.  The initial focus of the IDC will be on R&D and cloud operations, including new engineering teams building advanced services for BlackLine’s market-leading accounting automation platform.  In addition, teams will be established to achieve enhanced cloud operations and engineering support.

Raghu Dwarakanath, the newly appointed managing director of BlackLine’s IDC said: “Our mission is to be a world-class technology center that advances innovation and delivery excellence. Over the next two years, we plan to build out teams across a range of areas, including product management, design, engineering, architecture, and program management. These teams will have the opportunity to help solve some of the biggest problems facing Finance and Accounting, by advancing best-in-class cloud software that is used by some of the largest and most successful companies in the world.”

Commenting on the chosen location for the IDC, Pete Hirsch, Chief Technology Officer at BlackLine, added: “Bengaluru is the number one technology spot in India and a major hub for top technology talent. I am very excited about the opportunities this new innovation center will create for our customers, partners, and current and future employees.”

The new location will also allow BlackLine to leverage Bengaluru’s well-established technology ecosystem to explore future innovation partnerships that could benefit customers worldwide.

For more information or to learn about joining BlackLine’s world-class team in India, visit https://careers.blackline.com/bengaluru.

About BlackLine: Companies come to BlackLine (Nasdaq: BL) because their traditional manual accounting processes are not sustainable. BlackLine’s cloud-based financial operations management platform and market-leading customer service help companies move to modern accounting by unifying their data and processes, automating repetitive work, and driving accountability through visibility. BlackLine provides solutions to manage and automate financial close, accounts receivable and intercompany accounting processes, helping large enterprises and midsize companies across all industries do accounting work better, faster and with more control.

More than 4,000 customers trust BlackLine to help them close faster with complete and accurate results. The company is the pioneer of the cloud financial close market and recognized as the leader by customers at leading end-user review sites including Gartner Peer Insights, G2 and TrustRadius. BlackLine is a global company with operations in major business centers around the world including Los Angeles, New York, the San Francisco Bay area, London, Paris, Frankfurt, Tokyo, Singapore and Sydney.

For more information,  visit blackline.com.