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verification. (November 2018) |
Company type | Private |
---|---|
Industry |
Enterprise Software Platform as a Service Digital Transformation |
Founded | 2001 |
Headquarters | Boston, MA - USA |
Key people | Paulo Rosado,
CEO Teresa Occhiolini, CFO Carlos Alves, COO Tiago Azevedo, CIO Christine Nurnberger, CMO June Duchesne, General Counsel Mark Quigley, Chief People Officer Andy Pemberton, Chief Customer Officer |
Products | OutSystems platform |
Revenue | $100 Million(2018) [1] |
Website |
www |
OutSystems is a Low-code development platform [2] which provides tools for companies to develop, deploy and manage omnichannel enterprise applications.
OutSystems was founded in 2001 in Lisbon, Portugal. [3]
In June 2018 OutSystems secured a $360M round of funding from KKR and Goldman Sachs and reached the status of Unicorn. [4] [5]
In February 2021 OutSystems raised another $150M investment from a round co-led by Abdiel Capital and Tiger Global Management, having a total valuation of $9.5 Billion. [6]
OutSystems is a member of the Consortium of IT Software Quality (CISQ).
OutSystems is a low-code development platform for the development of mobile and web enterprise applications, which run in the cloud, on-premises or in hybrid environments. [7]
In 2014 OutSystems launched a free version of the platform that provides developers with personal cloud environments to create and deploy web and mobile applications without charge. [8] The current version is 11.53, for both the paid and unpaid versions.