OutSystems, Software Development Platform Leader, Raises $150 Million Investment at $9.5 Billion Valuation
Summary
BOSTON & LISBON, Portugal--(BUSINESS WIRE)--OutSystems, the leading modern application platform, today announced a $150 million capital raise. Using the OutSystems platform, businesses of all sizes can develop, deploy and manage critical apps at speed—enabling them to respond to market opportunities and continuously deliver value through software-driven innovation. We’re focused on helping customers succeed with their most challenging digital transformation initiatives, and today’s announcement is an acknowledgment of our progress on that journey.” The OutSystems platform enables organizations of all sizes to build the software that makes the difference - whether it’s for transforming customer experiences, delivering workplace innovation, automating processes, or modernizing core systems. OutSystems makes this possible by combining extraordinarily fast, visual, model-driven development with a modern platform built around AI, cloud, DevOps, and security. With more than 350,000 community members, more than 1,300 employees, 350 partners, and thousands of active customers in 87 countries and across 22 industries, OutSystems has achieved tremendous global scale while helping organizations change the way they develop applications.
Funding
Review available funding amount, funding date, investors, and linked company information related to OutSystems, Software Development Platform Leader, Raises $150 Million Investment at $9.5 Billion Valuation in the interactive ISVWorld profile.