Coolfire Solutions, a St. Louis-based creator of a situational awareness delivery platform, raised $11.5m in Series B financing.
An undisclosed strategic investor led the round along with significant follow-on investment from Clayton Venture Partners, the venture capital arm of Enterprise Holdings, and IrishAngels.
The company intends to use the funds to accelerate sales, marketing and product development for commercial industries.
Led by Don Sharp, Chief Executive Officer, Coolfire Solutions provides the Ronin Platform, a real-time situational awareness delivery platform, built to integrate data from any source and transform it into actionable intelligence. Ronin, developed initially for the U.S. Military, is now being widely adopted by innovative industry leaders such as Enterprise Rent-A-Car.