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Venture Capital News: Pex Announces $57M in New Funding

LOS ANGELES, CA, Pex has secured $57M in new financing
Pex has secured $57M in new financing in a round that included most of the firm's existing investors, with additional participation from Tencent, Tencent Music Entertainment, the CueBall Group, NextGen Ventures Partners, Amaranthine and others.

Pex ensures transparency and accuracy in attribution by bringing together all stakeholders and industries to license and manage content. Its advanced technology operates at unprecedented speed and scale, enabling transactions that were previously thought impossible.
By simplifying licensing on a global scale, Pex empowers digital platforms to make real-time decisions about content, enables creators to utilize copyrighted content without fear, and ensures rightsholders can be properly credited and compensated.
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