OutSystems

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OutSystems is a Portuguese low-code development platform[1] which provides tools for companies to develop, deploy and manage omnichannel enterprise applications.

OutSystems was founded in 2001 by Paulo Rosado 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] Ionic was acquired by OutSystems in November 2022.[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

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External links

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  2. || Forbes: Is Outsystems Portugal's Latest Unicorn?
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