Coolfire Solutions, creators of a situational awareness delivery platform, raised $11.5 million in an oversubscribed Series B financing. An undisclosed strategic investor led the investment round along with significant follow-on investment from Clayton Venture Partners, the venture capital arm of Enterprise Holdings Inc.
The Series B funding builds on a year of achievement for Coolfire which saw a growing list of customers, platform upgrades, and expansion of its partner program. Recently, the company’s Ronin Platform was selected, in partnership with the U.S. Department of Homeland Security, for the Smart City IoT Innovation Lab program. The St. Louis-based software company plans to use the funds to aggressively accelerate sales, marketing, and product development for commercial industries.












