Company:OutSystems
 | |
| Type | Private |
|---|---|
| Industry | Enterprise Software Platform as a Service Digital Transformation |
| Founded | 2001 |
| Headquarters | Boston, MA - USA |
Key people | Paulo Rosado, CEO Mark Leek & Tim MacCarrick, CFO Carlos Alves, Chief Customer Officer Patrick Jean CTO |
| Products | OutSystems platform |
| Revenue |  $100 Million(2018)[1] |
Number of employees | 1,228 (2019) |
| 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).
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.[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.
References
- ↑ "OutSystems Achieves Record Revenue in 2018 with Successful Customers Fueling Low-Code Market Leadership". https://www.outsystems.com/news/low-code-market-leadership-record/.
- ↑ Peer Insights, Gartner. "OutSystems - Gartner Peer Insights". https://www.gartner.com/market/enterprise-low-code-application-platform/vendor/outsystems/product/outsystems-platform.
- ↑ || Forbes: Is Outsystems Portugal's Latest Unicorn?
- ↑ Mike Butcher (2018-06-05). "OutSystems raises $360M from KKR and Goldman Sachs" (in en-US). TechCrunch. https://techcrunch.com/2018/06/05/portugals-outsystems-raises-360m-from-kkr-and-goldman-sachs/.
- ↑ Alex Bugge (2018-11-08). "Portugal's OutSystems eyes rapid expansion after securing funding: CEO" (in en-US). Reuters. https://www.reuters.com/article/us-portugal-websummit-outsystems/portugals-outsystems-eyes-rapid-expansion-after-securing-funding-ceo-idUSKCN1ND2ES.
- ↑ OutSystems (2021-02-17). "OutSystems, Software Development Platform Leader, Raises $150 Million Investment at $9.5 Billion Valuation" (in en-US). https://www.outsystems.com/news/modern-application-platform-investment/.
- ↑ || PCMag
- ↑ "Thousands of Developers Worldwide Empowered by OutSystems Free Cloud Offering" (in en-US). OutSystems. 2014-05-28. https://www.outsystems.com/news/free-cloud-offering/.
External links
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