| OutSystems- Software em Rede, S.A. | |
| Type: | Private |
| 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 |
| Industry: | Enterprise Software Platform as a Service Digital Transformation |
| Products: | OutSystems platform |
| Foundation: | 2001 |
| Revenue: | $100 Million (2018)[1] |
| Location: | Boston, Massachusetts, USA |
OutSystems is a Portuguese low-code development platform[2] which provides tools for companies to develop, deploy and manage omnichannel enterprise applications.
OutSystems was founded in 2001 by Paulo Rosado 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] Ionic was acquired by OutSystems in November 2022.[7]
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.[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.
