BlackLine Names CTO

Los Angeles-based BlackLine, which develops financial balance sheet and account reconciliation software-as-a-service, continued to expand out its executive team, saying today that it has named Justin Newton as its Chief Technology Officer.Newton was previously EVP, IT Operations, at Demand Media, and also was Senior Vice President, Voice and Bradband, at United Online. BlackLine said Newton will be responsible for technology direction on its software. BlackLine has been busy growing its executive ranks in recent months, having also recently hired Charles Best as its CFO earlier this year.