Plex Systems
Latest round
- Series B
Last raised
- Jun 2014
Total raised
- $50M
Investors
- 4
About Plex Systems
Based in the US, Plex Systems Inc.Plex Systems Inc. is a provider of a Smart Manufacturing Platform, headquartered in Troy, Michigan, US. Founded in 1995 by Vijayalakshmi Jegannathan, the company was recently acquired by Rockwell Automation, Inc.22 billion, which enables Rockwell to expand its cloud-native offerings.Plex, operated by Rockwell Automation, provides a comprehensive Smart Manufacturing Platform designed to enhance operational efficiency by integrating people, systems, machines, and supply chains. Central to its offerings are modules such as Manufacturing Execution System (MES), Enterprise Resource Planning (ERP), Quality Management System (QMS), and Supply Chain Planning (SCP). These products streamline business processes, automate data tracking, and facilitate real-time analytics from the plant floor to executive levels.Plex generates revenue primarily through subscription-based services, facilitating a B2B model where manufacturers subscribe to various software solutions tailored to their operational needs. These subscriptions grant clients access to critical functionalities within the Plex Smart Manufacturing Platform, enabling them to manage production, quality, and supply chain processes effectively. The structure of these transactions often involves tiered pricing plans, allowing businesses to scale services according to their specific requirements. This model supports ongoing revenue generation as clients renew their subscriptions annually.Plex Systems Inc. plans to leverage the recent acquisition by Rockwell Automation, Inc. to enhance its cloud-native smart manufacturing offerings. Although specific new products have not been detailed, the acquisition is positioned to support expansion into new geographic markets.22 billion, the company is expected to focus on strategic initiatives aimed at bolstering its platform capabilities and increasing market penetration in sectors that demand advanced manufacturing solutions.
Who invested in Plex Systems
4 investors across 1 round
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Funding rounds
Series B
Jun 9, 2014
Amount
$50M
Investors
Questions about Plex Systems
Who invested in Plex Systems?
Plex Systems has 4 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Plex Systems raised?
Plex Systems has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Plex Systems last raise money?
Plex Systems's most recent round on record is a Series B, in Jun 2014.
What does Plex Systems do?
Based in the US, Plex Systems Inc.
Where is Plex Systems headquartered?
Plex Systems is headquartered in Troy, US.
Which VCs invest in companies like Plex Systems?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Plex Systems's stage. Their profiles are linked below.
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