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
Transaction Type
Venture Equity

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
Mailing Address
900 Tower Dr. 1500
Troy, MI 48098
Email Address
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.
Plex Systems LinkedIn Company Profile
Social Media
Plex Systems Company Twitter Account
Company News
Plex Systems News
Plex Systems on Facebook
Plex Systems on YouTube

Management Team

Email & Social
Chief Executive Officer
Donald Clarke
  Donald Clarke LinkedIn Profile  Donald Clarke Twitter Account  Donald Clarke News  Donald Clarke on Facebook
Chief Marketing Officer
David Michaud
  David Michaud LinkedIn Profile  David Michaud Twitter Account  David Michaud News  David Michaud on Facebook
Chief Technical Officer
Jerry Foster
  Jerry Foster LinkedIn Profile  Jerry Foster Twitter Account  Jerry Foster News  Jerry Foster on Facebook
Vice President
Todd Weeks
  Todd Weeks LinkedIn Profile  Todd Weeks Twitter Account  Todd Weeks News  Todd Weeks on Facebook
VP - Bus. Development
James Shepherd
  James Shepherd LinkedIn Profile  James Shepherd Twitter Account  James Shepherd News  James Shepherd on Facebook
VP - Client Services
Chris Bishop
  Chris Bishop LinkedIn Profile  Chris Bishop Twitter Account  Chris Bishop News  Chris Bishop on Facebook
VP - Human Resources
Cheryl Yuran
  Cheryl Yuran LinkedIn Profile  Cheryl Yuran Twitter Account  Cheryl Yuran News  Cheryl Yuran on Facebook
VP - Product Management
Richard Murray
  Richard Murray LinkedIn Profile  Richard Murray Twitter Account  Richard Murray News  Richard Murray on Facebook
VP - Sales
Fred Hehl
  Fred Hehl LinkedIn Profile  Fred Hehl Twitter Account  Fred Hehl News  Fred Hehl on Facebook



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