OutSystems
 | This article needs additional citations for 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 Tim MacCarrick, CFO Carlos Alves, Chief Customer Officer |
| Products | OutSystems platform |
| Revenue |  $100 Million(2018)[1] |
Number of employees | 1228 (2019) |
| Website | www |
OutSystems is a low-code platform which provides tools for companies to develop, deploy and manage omnichannel enterprise applications.
OutSystems was founded in 2001 in Lisbon, Portugal.[2]
In June 2018 OutSystems secured a $360M round of funding from KKR and Goldman Sachs and reached the status of Unicorn.[3][4]
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.[5]
OutSystems is a member of the Consortium of IT Software Quality (CISQ).
Products
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.[6]
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.[7] The current version is 11, for both the paid and unpaid versions.
References
- ^ "OutSystems Achieves Record Revenue in 2018 with Successful Customers Fueling Low-Code Market Leadership".
- ^ || Forbes: Is Outsystems Portugal's Latest Unicorn?
- ^ Mike Butcher (2018-06-05). "OutSystems raises $360M from KKR and Goldman Sachs". TechCrunch.
- ^ Alex Bugge (2018-11-08). "Portugal's OutSystems eyes rapid expansion after securing funding: CEO". Reuters.
- ^ OutSystems (2021-02-17). "OutSystems, Software Development Platform Leader, Raises $150 Million Investment at $9.5 Billion Valuation".
- ^ || PCMag
- ^ "Thousands of Developers Worldwide Empowered by OutSystems Free Cloud Offering". OutSystems. 2014-05-28.