Wednesday, July 2, 2008

Boomi, the market and technology leader for on-demand integration has raised $4 million

What Company Is Offering:
Boomi is the market and technology leader in on-demand integration. Boomi's patent-pending technology enables any combination of SaaS and on-premise integration to be accomplished directly from the Web, eliminating the burden of installing and maintaining software packages or hardware appliances. Highly embeddable, scalable and distributable, Boomi's architecture is being used to power the SaaS ecosystem including application and data integration, platform-as-a-service and cloud computing, and hosted business intelligence, mashups and analytics. Boomi's unique "pay-per-connection" model allows organizations to pay for only the connections they deploy at a fraction of the cost of conventional integration solutions.

How Much They Got From VCs:
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 Demand(SM) 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.

More at:www.boomi.com.

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