Boomi Acquires Israeli Data Monitoring Startup Elementary Data for $43 Million
Translated & summarized from NEWSru Israel by baba
Boomi has acquired Israeli data monitoring startup Elementary Data for approximately $43 million. Elementary Data's platform tracks data flows, identifies anomalies, and traces data lineage, aiding analytics teams and AI tools. Founded in 2021 by Unit 8200 graduates, the startup had raised $8.5 million and served over 1,500 teams. All 17 employees will join Boomi, which plans to expand in Israel.
The story in 5 lines · by baba
- Boomi acquired Israeli startup Elementary Data for approximately $43 million.
- Elementary Data's platform monitors data flows and identifies anomalies for analytics teams.
- The startup was founded in August 2021 by graduates of Israeli intelligence Unit 8200.
- All 17 Elementary Data employees will join Boomi, which plans to expand in Israel.
- This is Boomi's second acquisition of an Israeli company this year.
American company Boomi, a developer of a platform for integrating corporate data, applications, and systems, is acquiring Israeli startup Elementary Data for approximately $43 million. Elementary Data specializes in a platform designed for monitoring data and its processing. The system tracks data flows, automatically identifies anomalies in data relevance, volume, and quality, and traces data lineage down to individual table columns. This capability enables analytics teams to detect and resolve issues before they impact business reports, models, and AI agent decisions. Through its MCP server, the platform also grants AI tools access to a corporate data catalog, allowing agents to assess data trustworthiness. The company originated from an open-source tool, which garners over 1.1 million downloads monthly, and launched its commercial cloud product, Elementary Cloud, in 2024. Notable clients include Fiverr and Patagonia, with over 1,500 data analytics teams reportedly using its technology. Following the acquisition, both the commercial product and the open-source project will continue to operate under Boomi. Elementary Data was founded in August 2021 by graduates of Unit 8200, CEO Maayan Salom and CTO and Head of Product Or Avidor. The startup had previously raised about $8.5 million from investors including TLV Partners, Cowboy Ventures, Y Combinator, and private investors. All 17 of Elementary Data's employees will join Boomi, which intends to expand its operations in Israel. This marks Boomi's second acquisition of an Israeli startup this year, following the purchase of Lunar.dev in July for an undisclosed sum and Rivery for approximately $100 million in December 2024.
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