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Boomi Raises $4 Million

Boomi, a Berwyn, Pa.-based provider of on-demand integration solutions, has raised $4 million in first-round funding led by FirstMark Capital



Boomi, the market and technology leader for on-demand integration, today announced it has raised $4 million in its first institutional round of financing. The investment will be used to accelerate Boomi's go-to-market strategy and further secure the company's position as the leading provider of cloud-based data and application integration services.

Boomi On DemandSM is the industry's only fully on-demand integration service that connects any combination of Software-as-a-Service (SaaS) and on-premise applications without the burden of installing and maintaining software packages or hardware appliances. With its “connect once, integrate everywhere” approach, Boomi On Demand is quickly becoming the solution of choice among major SaaS vendors and other service providers.

Once an application is connected to Boomi On Demand, it has instant interoperability with the hundreds of other SaaS and on premise applications that Boomi supports. In addition, Boomi plans to open its platform to the developer community this fall with a software development kit (SDK) that will allow for the creation of specialized connectors by the community to support additional applications and vertical solutions.

“This is very much a case of right solution