Boomi Inc., the market and technology leader for on-demand integration, today announced it has raised $4 million in its first institutional round of financing. 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.
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