Francisco Partners and TPG announced a $4 billion acquisition of Boomi from Dell Technologies; the transaction separated Boomi from Dell and moved it under private-equity ownership.
SourcePublic company, workplace, funding, and market signals
Updated Aug 5, 2026
Boomi is a privately held enterprise software company founded in 2000 that pioneered cloud-based integration-platform-as-a-service (iPaaS). It now positions itself as a data-activation company for AI, connecting applications, APIs, data, workflows, and AI agents across cloud, on-premises, and hybrid environments. Boomi reports more than 30,000 customers and 800+ partners.
Primary product
Boomi Enterprise Platform: an AI-ready enterprise integration and automation platform spanning application/data integration, API management, data management, agent management, managed file transfer, B2B/EDI, and governed agentic workflows.
Founded
2000
Headquarters
Conshohocken, Pennsylvania, United States
Team size
1,000–2,000 (LinkedIn estimate; 1,918 reported)
Work style
Remote
Industry
Software Development / Enterprise Software
Sub-industry
Integration platform as a service (iPaaS), data integration, API management, automation, and AI-agent governance
Offices
Business model
Stage
Private equity-backed / privately held
Total raised
$979.9M
Latest round
Debt financing / first-lien loan · Feb 2022
Latest amount
$975M
Debt financing / first-lien loan
Feb 2022 · Sixth Street Specialty Lending
Acquisition / change of control
May 2021 · Francisco Partners and TPG Capital
Jul 2008 · FirstMark Capital
Jan 2002
Leadership
Chairman & CEO
Valerie Rainey
President of Global Operations & CFO
Diane Fanelli
Chief Revenue Officer
Greg Wolfe
Chief Commercial Officer
Ed Macosky
Chief Product and Technology Officer
Keyur Ajmera
Chief Information Officer
Alison Biggan
Chief Marketing Officer
Anand Mehta
Chief Customer Officer
Francesca Molinari
Chief People Officer
Elizabeth Poole
General Counsel
Dan McAllister
SVP, Global Alliances and Channels
Thomas Benjamin
SVP, Product Development & Engineering
Jim Sears
SVP, Services and Support
Founders
Founder and former CTO
Boomi describes a remote-first, flexibility-first culture centered on customer outcomes, innovation, inclusion, and global collaboration. Public employee-review sources also report concerns about layoffs, changing compensation plans, leadership changes, and morale; these are anecdotal rather than company-confirmed.
Work style
Remote
Compensation
Public evidence indicates enterprise technology compensation and employee reports of changing sales compensation plans, quotas, and commissions, but no reliable company-wide salary bands were found.
Benefits
Pricing
Primarily quote-based enterprise subscription pricing by product family, capacity/usage, connections, data volume, deployment, and support; Boomi also advertises a pay-as-you-go option and a free trial. Public list pricing is limited.
Differentiators
Technology
Customers
Competitors
Estimated revenue
Approximately $300M–$500M annually; public estimates vary, including $326.7M and $500M ARR/revenue estimates.
Francisco Partners and TPG announced a $4 billion acquisition of Boomi from Dell Technologies; the transaction separated Boomi from Dell and moved it under private-equity ownership.
SourceAn employee discussion on Blind alleged an approximately 10% reduction in force; this was not confirmed in an official Boomi release.
SourceBoomi acquired API management assets/businesses from APIIDA and Cloud Software Group; terms were undisclosed.
SourceBoomi announced its acquisition of Rivery, a modern data-integration provider; terms were undisclosed.
SourceBoomi announced its acquisition of Thru, Inc. to expand managed file transfer capabilities; terms were undisclosed.
SourceBoomi announced completion of its acquisition of Lunar.dev, adding AI/MCP gateway capabilities to Boomi Connect.
SourceE3 Magazine · Aug 2026
Boomi became a launch partner for ServiceNow’s Workflow Data Network Passport program, extending Boomi data activation into ServiceNow’s AI platform.
Boomi blog · Jul 2026
Lunar.dev’s AI gateway and MCP capabilities are being integrated into Boomi Connect for governed agent-to-tool connectivity, observability, and cost control.
Diginomica · May 2026
Boomi introduced or expanded Boomi Connect, MCP Registry, Orchestrate, Agentstudio capabilities, and collaborations with Red Hat, Couchbase, and ServiceNow.
Business Wire · May 2026
Boomi announced the planned Lunar.dev acquisition alongside its strategy for governed, production-scale enterprise AI connectivity.
Boomi · May 2025
The acquisition added enterprise managed-file-transfer technology to Boomi’s unified integration platform.
27 jobs at Boomi