 In 2014, the firm raised $50 million in funding to support expanded product development, as well as investments in marketing and sales.The Plex Manufacturing Cloud is a software as a service (SaaS) or cloud application ERP that manages the manufacturing process and supports the functions of production, inventory, shipping, supply-chain management, quality, accounting, sales, and human resource departments, in addition to the traditional ERP roles of finance/accounting, procurement, human capital management, etc.Plex is targeted towards manufacturing industries with rigorous traceability, quality and food safety requirements, including automotive, aerospace, food & beverage, and life sciences or medical manufacturing.