BlackLine, Inc. (NASDAQ:BL) modernizes manual accounting processes through a cloud solution, providing better visibility and efficiency to customers. BlackLine’s shares outperformed this quarter, as the company continued to grow its market share both in the mid- and high-end portions of the market and continued to expand its strategic partnerships. With its growing product line and investments in sales capacity, we believe that BlackLine should continue its rapid sales growth going forward.
From Baron Discovery Fund's fourth quarter 2016 commentary.
