Tuesday, March 23, 2010

OptionEase Signs Boomi

San Juan Capistrano-based OptionEase, which develops software-as-a-service applications for stock options and fair market value accounting, said today that it has signed Boomi, a developer of cloud integration software, as a customer. Financial terms of the win were not disclosed. OptionEase said that Booomi is using the firm to manage FAS123(R) compliance for the firm. Boomi previously was using Excel spreadsheets for equity accounting and reporting. OptionEase is venture backed by Miramar Venture Partners, GADS Options Fund, and others.

---