Tech Company Financing Transactions
Plex Systems Funding Round
Plex Systems, based in Troy, secured $50 million in investment from T. Rowe Price and Accel Partners.
Transaction Overview
Company Name
Announced On
6/10/2014
Transaction Type
Venture Equity
Amount
$50,000,000
Round
Undisclosed
Investors
T. Rowe Price (Lead Investor) (Tom Watson)
Accel Partners (Sameer Gandhi)
Proceeds Purpose
This financing further demonstrates Plex Systems' leadership in cloud-based ERP for manufacturing organizations. The company plans to use the new funding to accelerate investment in sales and marketing, as well as research and development.
Company Information
Company Status
Acquired or Merged
Industry
Software
Mailing Address
900 Tower Dr. 1500
Troy, MI 48098
USA
Troy, MI 48098
USA
Phone
Website
Email Address
Overview
Plex Online Software as a Service (SaaS) ERP has a global reach. Plex Online manufacturing ERP software provides unparalleled coverage and access to operational intelligence.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Donald Clarke
Chief Marketing Officer
David Michaud
Chief Technical Officer
Jerry Foster
Vice President
Todd Weeks
VP - Bus. Development
James Shepherd
VP - Client Services
Chris Bishop
VP - Human Resources
Cheryl Yuran
VP - Product Management
Richard Murray
VP - Sales
Fred Hehl
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