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OutSystems is backed by Tiger World, KKR, Goldman Sachs, Abdiel Capital, Portugal Ventures, Armilar Venture Companions and others. The corporate raised $150M in a brand new spherical on Feb 17, 2021. This brings OutSystems’ whole funding to $572.1M to date. The newest round valued OutSystems at $9.5B post cash. OutSystems turned unicorn with a $1B+ valuation gained from funding spherical raised in Jun 2018.

In accordance with Statista, the global low-code outsystems market has been rising over the past few years and was valued at $13 billion in 2020 and is expected to rise to roughly $47 billion by 2025. The driving power behind this is the democratization of improvement availability aimed at enabling non-technical staff to be part of ideation, implementation and deployment of apps.

Automated Text Merge: Did you and one other developer edit the identical JavaScript? Say goodbye to conflicts. We are going to carry out an computerized merge of non-conflicting text parts.

Extract to Motion: Allows the reuse of complicated logic that you just created in a unique place. Just choose the piece of logic and click on! Your motion is now reusable.

New Scrollbars: Now lighter and extra constant in Service Studio’s completely different screens.

Improved Suggestions Submission Expertise: Less intrusive, with default sending of crash reviews.

Open A number of Modules: Wish to open several modules out of your filesystem? You can now do this in just one step.

Merge Assigns: Assign nodes are easily merged to simplify your logic flows.

To keep up with everything we launch throughout the year, please follow our Product Updates page.