Blackbaud
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Blackbaud, Inc. | |
Type | Corporation (NASDAQ: BLKB) |
---|---|
Founded | New York (1981) |
Headquarters | Charleston, South Carolina, USA |
Key people | Anthony Bakker, Founder Marc Chardon, CEO |
Industry | software publishing |
Revenue | $166 million USD (2005) |
Employees | ~1,100 (July 2006) |
Website | www.blackbaud.com/ |
Blackbaud Inc. is a supplier of software specifically designed for charities, schools, universities, and other not-for-profit organizations. Its products focus on fundraising, financial management, ticket sales, education administration, and web site management.
Blackbaud's main product is a fundraising database, The Raiser's Edge. In 2005, approximately two-thirds of Blackbaud's annual revenue was generated from sales, maintenance and associated services for The Raiser's Edge. Other products include The Researcher's Edge, The Financial Edge, The Education Edge, The Patron Edge, and Blackbaud NetCommunity. In addition, Blackbaud offers consultancy services to not-for-profit organizations.
The company was founded in 1981, and now employs over 1,100 people, with over 15,000 customers worldwide. Its headquarters are in Daniel Island, Charleston, South Carolina, with additional offices in Glasgow, London and Sydney. In 2005, Blackbaud had a turnover of $166 million. On July 22, 2004, the company announced an Initial Public Offering and is now quoted on the NASDAQ under the stock ticker BLKB.
[edit] Communication with clients
In an effort to create a more interactive relationship with their clients, Blackbaud has created an official blog at BlogBaud.com. The articles are contributed by various staff members, most notably those directly involved with the development of the products.
An independent community of users is located at the Blackbaud User Society. It allows users of Blackbaud products to come together and discuss issues, assist one another, and build a social network.
[edit] Company name
Blackbaud's name is a portmanteau of the words "blackboard", chosen for its association with school classrooms (the company mainly developed software for schools during its early years), and "baud", a word associated with computer technology at the time.