Los Gatos, CA – According to filings with the U.S. Securities and Exchange Commission, Plex is raising $20,700,000.00 in new funding. Sources indicate as part of senior management Chief Executive Officer, Keith Valory played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About Plex
Plex streams thousands of movies and TV shows from filmmakers around the globe. From Bollywood to Hollywood, Cannes to Japan. Classics. Animation. Family-friendly content. Documentaries. Musicals. Theres something for everyone. Save your place on your phone and continue on your TV Plex works across all devices. Along with streaming content, Plex gives you instant access to all of your media collections your home videos, photos, music, TV shows, and movies so you can quickly find and stream what you want to any device, any time. You can also DVR over-the-air content and stream it to virtually any device, as well as watch Live TV on certain clients. Platforms include Macs, PCs, smartphones, tablets, Xbox and PlayStation gaming consoles, Smart TVs, Roku, Chromecast, Apple TV, Amazon Fire, NVIDIA SHIELD, and more. Whether its your movie collection, your DVR-ed TV, or your music library, Plex makes your media look beautiful by automatically adding movie posters, plot summaries, cover art, and descriptions. Plex also allows you to share it all with your friends and family, no matter where they are. Plex Pass, our premium offering, gives users the very best features of Plex. From the ability to sync media to your mobile device, to running your Plex Media Server in the cloud, to recording over-the-air content with Plex DVR, Plex Pass makes the whole experience the most awesome it can be.

To learn more about Plex, visit http://www.plex.tv/

Contact:
Keith Valory, Chief Executive Officer
408-896-9140
keith@plex.tv

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