Plex, a Los Angeles, California-based media streaming company, reportedly raised $40m in funding.
Backers included Intercap and Kleiner Perkins.
The company intends to use the funds to expand operations and its business reach.
Led by CEO Keith Valory, 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, and Musicals, across all devices. Along with streaming content, Plex gives users instant access to media collections— home videos, photos, music, TV shows, and movies—so they can quickly find and stream what they 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.
FinSMEs
02/02/2024