Relex Solutions, a global provider of unified retail planning solutions, closed a second round of funding from global growth equity investor Summit Partners.
The amount of the deal was not disclosed.
The company intends to use the funds for continued growth.
Led by Mikko Kärkkäinen, CEO, Relex Solutions provides an integrated retail and supply chain planning system featuring precise demand forecasting, automated replenishment, space planning and assortment and workforce optimization.
The company recently completed the acquisition of Galleria RTS, a space and optimization software provider, and invested in Zenopt, an advanced workforce optimization solution provider.
Customers includes WHSmith, Morrisons, AO.com, Coop Denmark and Rossmann.