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| Company type | Private |
|---|---|
| Industry | Enterprise Software Platform as a Service Digital Transformation |
| Founded | 2001 |
| Headquarters | Boston, MA - USA |
Key people | Woodson Martin,CEO Teresa Occhiolini,CFO Carlos Alves,COO Tiago Azevedo,CIO June Duchesne,General Counsel Mark Quigley,Chief People Officer Andy Pemberton,Chief Revenue Officer |
| Products | OutSystems platform |
| Revenue |  $100 Million(2018)[1] |
| Website | www |
OutSystems is a Portugueselow-code development platform[2] which provides tools for companies to develop, deploy and manageomnichannel enterprise applications.
OutSystems was founded in 2001 byPaulo Rosado inLisbon, Portugal.[3]
In June 2018 OutSystems secured a $360M round of funding fromKKR andGoldman Sachs and reached the status ofUnicorn.[4][5]
In February 2021 OutSystems raised another $150M investment from a round co-led by Abdiel Capital andTiger Global Management, having a total valuation of $9.5 Billion.[6]Ionic was acquired by OutSystems in November 2022.[7]
OutSystems is a member of theConsortium of IT Software Quality (CISQ).
OutSystems is alow-code development platform for the development of mobile and web enterprise applications, which run in the cloud, on-premises or in hybrid environments.[8]
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.[9] The current version is 11.53, for both the paid and unpaid versions.