• General
  • May 13, 2020
  • 4 minutes read

OutSystems Adds New Board Member

Kara Wilson. Photo credit: OutSystems OutSystems, a Boston-based software development company, has announced the addition of a new board member…

Kara Wilson.

Photo credit: OutSystems

OutSystems, a Boston-based software development company, has announced the addition of a new board member by the name of Kara Wilson, who is notably a strategic adviser for private equity firm KKR, which is a major investor in OutSystems. Wilson will now hold a board seat at OutSystems in addition to other board seats at tech companies including Paychex, KnowBe4, Corel, and Epicor. Of the four aforementioned companies, two — Epicor and Corel — are outrightly owned by KKR. Wilson, as an adviser for KKR, often gets board seats at companies that are backed by the private equity firm.

Kara Wilson is a tech veteran with more than two decades of experience in the industry. She has previously served as Chief Marketing Officer (CMO) for four well-known tech companies; Okta, FireEye, SuccessFactors (acquired by SAP), and Rubrik. Earlier in her career, she also held executive roles at Cisco and PeopleSoft (acquired by Oracle). Most recently, she worked as the Chief Marketing Officer of Rubrik, a Palo Alto, California-based data management startup that’s privately valued at more than $3 billion. Before joining Rubrik, she served as Chief Marketing Officer of cybersecurity company FireEye for four years and helped guide it through a successful public listing.

OutSystems as a company was founded in 2001. Its flagship product is a software development platform that lets enterprises create and deploy applications without much core programming and foundational work. It’s what’s known as a “low-code” development platform. In 2018, OutSystems raised $360 million in funding from KKR and U.S. investment bank Goldman Sachs. The investment valued the company at more than $1 billion. Currently, OutSystems employs more than 1,100 people globally. Altogether, the company is known to have raised some $422 million in funding.




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