Broadcom announced the general availability of VMware Tanzu Platform 10 that establishes a new layer of abstraction across Cloud Foundry infrastructure foundations to make it easier, faster, and less expensive to bring new applications, including GenAI applications, to production.
OutSystems 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.
Recognizing the challenges of building scalable, adaptable software, OutSystems was founded to give every organization the power to innovate through software. The latest funding is a recognition of the success of that singular focus and the transformative impact on its rapidly expanding global customer base. Using the OutSystems platform, businesses of all sizes can develop, deploy and manage critical apps at speed—enabling them to respond to market opportunities and continuously deliver value through software-driven innovation.
“Developers are a scarce resource in business today, and the complexities of traditional software development exacerbate the challenges most organizations face when tackling their digital transformation agenda,” said Paulo Rosado, CEO and Founder of OutSystems. “By fundamentally changing the way software is built, OutSystems makes it possible for every organization to compete, innovate and grow with the developers they already have. We’re focused on helping customers succeed with their most challenging digital transformation initiatives, and today’s announcement is an acknowledgment of our progress on that journey.”
The OutSystems platform enables organizations of all sizes to build the software that makes the difference - whether it’s for transforming customer experiences, delivering workplace innovation, automating processes, or modernizing core systems. OutSystems makes this possible by combining extraordinarily fast, visual, model-driven development with a modern platform built around AI, cloud, DevOps, and security.
Industry News
Tricentis announced the expansion of its test management and analytics platform, Tricentis qTest, with the launch of Tricentis qTest Copilot.
Redgate is introducing two new machine learning (ML) and artificial intelligence (AI) powered capabilities in its test data management and database monitoring solutions.
Upbound announced significant advancements to its platform, targeting enterprises building self-service cloud environments for their developers and machine learning engineers.
Edera announced the availability of Am I Isolated, an open source container security benchmark that probes users runtime environments and tests for container isolation.
Progress announced 10 years of partnership with emt Distribution — a leading cybersecurity distributor in the Middle East and Africa.
Port announced $35 million in Series B funding, bringing its total funding to $58M to date.
Parasoft has made another step in strategically integrating AI and ML quality enhancements where development teams need them most, such as using natural language for troubleshooting or checking code in real time.
MuleSoft announced the general availability of full lifecycle AsyncAPI support, enabling organizations to power AI agents with real-time data through seamless integration with event-driven architectures (EDAs).
Numecent announced they have expanded their Microsoft collaboration with the launch of Cloudpager's new integration to App attach in Azure Virtual Desktop.
Progress announced the completion of the acquisition of ShareFile, a business unit of Cloud Software Group, providing a SaaS-native, AI-powered, document-centric collaboration platform, focusing on industry segments including business and professional services, financial services, industrial and healthcare.
Incredibuild announced the acquisition of Garden, a provider of DevOps pipeline acceleration solutions.
The Open Source Security Foundation (OpenSSF) announced an expansion of its free course “Developing Secure Software” (LFD121).
Redgate announced that its core solutions are listed in Amazon Web Services (AWS) Marketplace.
LambdaTest introduced a suite of new features to its AI-powered Test Manager, designed to simplify and enhance the test management experience for software development and QA teams.