Retail Solutions Rings Up $15.2M

9/28/10Follow @wroush

Retail Solutions, a Mountain View, CA-based provider of Software as a Service products that help producers of consumer goods analyze point-of-sale data, said today that it has raised $15.2 million in Series C funding. The round was led by new backer Investor Growth Capital, with existing investors Venrock, Bessemer Venture Partners, Red Rock Ventures and SAP Ventures joining in. “This new funding will enable us to accelerate the pace of acquisitions to complement our organic growth and strengthen our International market leadership in the retail execution management space,” Peter Rieman, Retail Solutions’ executive vice president, said in a statement.

Wade Roush is a contributing editor at Xconomy. Follow @wroush

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