Plex Systems Garners $50,000,000 New Round

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=fe62525a-7db7-458a-958a-aec6d5d9cf17
Date
6/10/2014
Company Name
Plex Systems
Mailing Address
900 Tower Drive Troy, MI 48098 USA
Company Description
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.
Website
http://www.plex.com
Transaction Type
Venture Equity
Transaction Amount
$50,000,000
Transaction Round
Undisclosed
Proceeds Purposes
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.
M&A Terms
Venture Investor
Venture Investor