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OutSystems is backed by Tiger Global, KKR, Outsystem Goldman Sachs, Abdiel Capital, Portugal Ventures, Armilar Enterprise Companions and others. The company raised $150M in a new spherical on Feb 17, 2021. This brings OutSystems’ total funding to $572.1M up to now. The most recent round valued OutSystems at $9.5B post money. OutSystems grew to become unicorn with a $1B+ valuation gained from funding spherical raised in Jun 2018.

Based on Statista, the global low-code market has been growing over the past few years and was valued at $13 billion in 2020 and is expected to rise to roughly $forty seven billion by 2025. The driving force behind this is the democratization of improvement availability aimed at enabling non-technical workers to be a part of ideation, implementation and deployment of apps.

Automatic Textual content Merge: Did you and another developer edit the identical JavaScript? Say goodbye to conflicts. We’ll carry out an computerized merge of non-conflicting text components.

Extract to Motion: Permits the reuse of complicated logic that you created in a special place. Simply choose the piece of logic and click on! Your action is now reusable.

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

Improved Feedback Submission Expertise: Less intrusive, with default sending of crash studies.

Open A number of Modules: Need to open several modules out of your filesystem? You can now do that in only one step.

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

To keep up with the whole lot we release all year long, please follow our Product Updates web page.