PandoDaily: IPO Candidate Plex Systems Poaches Eloqua CMO Heidi Melin To Grow Its Cloud ERP Platform

It’s been an eventful last 12 months for cloud ERP (enterprise resource planning) company Plex Systems, with the company completing a private equity buyout, closing a $30 million growth stage venture round from Accel Partners (a PandoDaily investor), and the introduction of a new CEO – in that order. Each of the moves was highly strategic, according to current management, with the goal of positioning the company to extend its substantial lead in the massive but underserved manufacturing sector.

May 15, 2013
It’s been an eventful last 12 months for cloud ERP (enterprise resource planning) company Plex Systems, with the company completing a private equity buyout, closing a $30 million growth stage venture round from Accel Partners (a PandoDaily investor), and the introduction of a new CEO – in that order. Each of the moves was highly strategic, according to current management, with the goal of positioning the company to extend its substantial lead in the massive but underserved manufacturing sector...