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Overview: Incorporated in 1982 as Blackbaud MicroSystems, the company was originally located on Long Island and served the software needs of independent schools. The company's first product, Student Billing (an accounts receivable program designed to run on a microcomputer), was written in 1981 for the Nightingale-Bamford School and led to the development of other accounting products and the decision to found the company. In recognition of the company's relationship with independent schools, the name Blackbaud was coined from 'blackboard' and 'baud,' which is a computer term for the speed of data transmission.
From the earliest days, Blackbaud began experiencing incredible growth, expanding its product line of software for schools and also selling IBM hardware. In April of 1984, Blackbaud was named one of the first IBM Value Added Dealers. The company continued to develop new programs throughout the 1980s, including The Raiser's Edge, which is Blackbaud's signature fund-raising product.
In 1989, Blackbaud moved from Long Island to Charleston, SC. Coastal South Carolina offered a cost-effective and beautiful place to run a company and raise families. Many Blackbaud employees followed the company. In 1992, Blackbaud made its latest move to the Ashley Center in Charleston, a 70,000 square-foot facility on the banks of the stately Ashley River.
In 1997, 1998 and 1999, Blackbaud was honored as one of the 'best, brightest and most successful' companies in the software industry in the Software 500 listing, which is published annually in Software Magazine. Blackbaud also has commenced work on a new headquarters on Daniel Island, SC, to accommodate the company's growth.
Currently, Blackbaud serves more than 15,000 clients in 30 countries. As the company moves into the twenty-first century, Blackbaud will continue to explore new frontiers, providing the most advanced technology for an ever-expanding global market.
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