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OutSystems Adds Atlassian VP and Former Microsoft Leader Anu Bharadwaj to Board of Directors
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OutSystems, Software Development Platform Leader, Raises $150 Million Investment at $9.5 Billion Valuation
Growth equity raised demonstrates expanding market for smarter ways to build modern applications. Abdiel Capital, Tiger Global join Goldman Sachs, KKR, Guidepost Growth Equity, and Armilar Venture Partners in recognizing unique opportunity.
OutSystems, the leading modern application platform, today announced a $150 million capital raise. The round, co-led by Abdiel Capital and Tiger Global, values OutSystems at $9.5 billion. The funding will be used to expand investments in its R&D and GTM strategy.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210217005599/en/