BlackLine Systems creates and sells enterprise software designed to automate and control the entire financial close process. This is the basic monthly accounting process wherein a company reconciles its books. In April, Gartner named BlackLine in its 2010 “Cool Vendors in Risk Management and Compliance” report.
We continue our focus on businesses that have monetized open source and discuss another core business tool which is being remade as a web-based application: the spreadsheet, by San Francisco-based Extentech, a leading developer of Java components and development tools. Founded in 1999 by John McMahon and Nicholas Rab, Extentech started as a consulting and