Blackbaud: Focusing on Social Good and Social Innovation

One out of every four dollars raised in the U.S. is processed through Blackbaud's systems and its ceo sees more opportunities for organic growth.
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Blackbaud (BLKB) serves nearly all of the top 50 charities identified by Forbes. One out of every four dollars raised in this country is processed through its systems. CEO Mike Gianoni explains Blackbaud provides nonprofit-specific solutions to charitable organizations to take advantage of the cloud and mobile technologies, as well as analytics. This allows clients to improve communications and build better relationships with their supporters, both online and offline and optimize their operational efficiency and financial accountability. Gianoni expects Blackbaud to continue on its strong trajectory and sees further organic growth in the segment the company serves. TheStreet's Jill Malandrino has details.