What is Boomi Data Integration?
Boomi Data Integration, founded in 2017 and headquartered in New York City, New York, operates a Software-as-a-Service (SaaS) platform. The company provides a fully-managed solution encompassing data ingestion, data transformation, data orchestration, and reverse ETL capabilities. Its comprehensive suite addresses critical needs for businesses seeking to streamline and optimize their data workflows, positioning it as a key player in the competitive data integration market.
How much funding has Boomi Data Integration raised?
Boomi Data Integration has raised a total of $46M across 2 funding rounds:
Series A
$16M
Series B
$30M
Series A (2021): $16M with participation from Entree Capital and State of Mind Ventures
Series B (2022): $30M led by Tiger Global Management, State of Mind Ventures, and Entree Capital
Key Investors in Boomi Data Integration
Tiger Global Management
Tiger Global Management is an investment firm deploying capital in both public and private markets. The company was founded in 2001 and is headquartered in New York City, New York.
State of Mind Ventures
State of Mind Ventures is a seed and early growth stage venture capital fund that focuses on empowering innovative teams and ambitious founders. The firm partners early with over-achievers to help them shape their vision, build their teams, and accelerate towards hyper growth.
Entree Capital
Entree Capital backs founders building ambitious technology and product businesses. It partners with teams from the earliest stages through scale up, combining capital with practical guidance and global networks to help companies refine their strategy, grow with discipline and aim for lasting impact.
What's next for Boomi Data Integration?
The substantial enterprise-level funding and recent strategic investment signal a strong vote of confidence in Boomi Data Integration's market position and future potential. This capital infusion is expected to fuel further product development, expansion into new markets, and enhancement of its platform's capabilities. The company is poised to leverage this financial backing to solidify its leadership in providing advanced data management solutions, driving innovation and supporting the evolving needs of its enterprise clientele.
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