Dublin-based company Luzern Solutions has raised €2.5m to speed up the expansion of its international business. Venture capital company Delta Partners is making the investment.
Luzern, founded in 2002, works with retailers of consumer electronic goods. Its systems help retailers to sell the 6% of products which are returned by consumers. Luzern uses sites such as eBay as well as its own website.
As well as Ireland, Luzern has operations in the UK, Spain, Germany and Netherlands. CEO Ken Doyle said it had recently set up in the US, where it had one customers and a number of others in the pipeline.