Retail Technology Startup RELEX Solutions Receives New Financing

RELEX Solutions announced the close of new financing from Summit Partners.

RELEX Solutions provides an integrated retail and supply chain planning system. Through precise demand forecasting, automated replenishment, innovative space planning and assortment optimization, RELEX aims to help businesses plan better, sell more and waste less. RELEX Solutions is used by brands including WHSmith, Morrisons, AO.com, Coop Denmark, Rossmann and ParknShop, and the company has offices across North America and Europe.