Blackbaud Named to Software Magazine’s 28th Annual Software 500
Charleston, S.C. (September 30, 2010)-- Blackbaud, Inc. (Nasdaq: BLKB), the leading global provider of software and services designed specifically for nonprofit organizations, announced its inclusion on Software Magazine’s Software 500 ranking of the world’s largest software and service providers, now in its 28th year.
Blackbaud ranked 121, with 2009 software and services revenue of $302.6 million and corporate revenue of $309.3 million. The ranking positioned Blackbaud as the largest provider of nonprofit software on the Software 500 list.
“The 2010 Software 500 results show that revenue growth in the software and services industry was healthy, with total Software 500 revenue of $491.7 billion worldwide for 2009, representing virtually flat growth from the previous year,” says John P. Desmond, editor of Software Magazine and Softwaremag.com.