Outsystems Announces $55 Million Funding Round From North Bridge Growth Equity

Outsystems Announces $55 Million Funding Round From North Bridge Growth Equity
May 28, 2019 Dan Siebern

“As companies across all industries try to successfully transition to becoming digital enterprises, they must grapple with the need for IT to fundamentally transform the way applications are built and delivered. A shortage of highly skilled developers combined with the demand for costly new mobile applications within businesses has led to exploding global demand for low-code application platforms and mobile application development platforms. The new growth capital investment will help the company capitalize on this demand and scale to support its hyper-growth.”

Full article: https://www.outsystems.com/news/north-bridge-growth-equity/

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