SunTrust Banks Incorporated

L.A.'s latest $1-billion tech company has a female CEO

L.A.'s latest $1-billion tech company has a female CEO

Therese Tucker tried studying business and art. She tried launching a wealth management software start-up. And she tried selling her company. 

But at each juncture, Tucker thought better of it. She pivoted toward opportunities she came to judge as more fulfilling and sensible.

The open mindset paid off Friday when the Woodland Hills technology company Tucker founded and continues to run listed on Nasdaq as part of a $146-million initial public offering.

BlackLine Inc. shares soared 39% to $23.70 in their debut from an issue price of $17, valuing the accounting software company at more than $1.1 billion. It took 15 years and Tucker’s...