<s>
OutSystems	B-General_Concept
is	O
a	O
Low-code	B-Architecture
development	I-Architecture
platform	I-Architecture
which	O
provides	O
tools	O
for	O
companies	O
to	O
develop	O
,	O
deploy	O
and	O
manage	O
omnichannel	O
enterprise	B-Application
applications	I-Application
.	O
</s>
<s>
OutSystems	B-General_Concept
was	O
founded	O
in	O
2001	O
in	O
Lisbon	O
,	O
Portugal	O
.	O
</s>
<s>
In	O
June	O
2018	O
OutSystems	B-General_Concept
secured	O
a	O
$360M	O
round	O
of	O
funding	O
from	O
KKR	O
and	O
Goldman	O
Sachs	O
and	O
reached	O
the	O
status	O
of	O
Unicorn	O
.	O
</s>
<s>
In	O
February	O
2021	O
OutSystems	B-General_Concept
raised	O
another	O
$150M	O
investment	O
from	O
a	O
round	O
co-led	O
by	O
Abdiel	O
Capital	O
and	O
Tiger	O
Global	O
Management	O
,	O
having	O
a	O
total	O
valuation	O
of	O
$9.5	O
Billion	O
.	O
</s>
<s>
OutSystems	B-General_Concept
is	O
a	O
member	O
of	O
the	O
Consortium	B-Application
of	I-Application
IT	I-Application
Software	I-Application
Quality	I-Application
(	O
CISQ	B-Application
)	O
.	O
</s>
<s>
OutSystems	B-General_Concept
is	O
a	O
low-code	B-Architecture
development	I-Architecture
platform	I-Architecture
for	O
the	O
development	O
of	O
mobile	O
and	O
web	O
enterprise	B-Application
applications	I-Application
,	O
which	O
run	O
in	O
the	O
cloud	O
,	O
on-premises	O
or	O
in	O
hybrid	O
environments	O
.	O
</s>
<s>
In	O
2014	O
OutSystems	B-General_Concept
launched	O
a	O
free	O
version	O
of	O
the	O
platform	O
that	O
provides	O
developers	O
with	O
personal	O
cloud	O
environments	O
to	O
create	O
and	O
deploy	O
web	O
and	O
mobile	O
applications	O
without	O
charge	O
.	O
</s>
