ST. LOUIS, MO – (December 13, 2016) Coolfire Solutions Inc. has received a significant strategic investment from Clayton Venture Group (CVG), the venture capital arm of the world’s largest car rental company, Enterprise Holdings Inc.
“We couldn’t be more excited about this strategic investment and having found such a tremendous partner in Clayton Venture Group,” said Don Sharp, CEO of Coolfire Solutions. “Bringing together the respective strengths of our two organizations will further align the organizations and position us for even greater growth over the long term. While we have already achieved tremendous success together, we believe this investment will take our strategic relationship to the next level.”
Coolfire Solutions will use proceeds from the investment to accelerate its growth as well as the evolution of its Ronin mobile software platform, which Enterprise Holdings currently licenses. Coolfire Solutions leverages data from the “Internet of Things” (IoT) and a variety of other sources to improve situational awareness for leading-edge businesses. Coolfire Solutions also uses its flexible mobile platform to connect people, assets, and information in a way that leads to quick decision-making and action.
This investment further cements Coolfire Solutions’ relationship with CVG and Enterprise Holdings. CVG was established in 2000 to strategically invest in emerging technology companies with a focus on mobility, fleet connectivity and management, and autonomous technology. For more information about Clayton Venture Group, contact CVG@ehi.com.
Coolfire Solutions Inc. was formed in 2010 to bring mobile technology to the U.S Military Special Operators. Coolfire Solutions continues to work with tier 1 special operations units across the world, and is now bringing its experience and our technology to the commercial marketplace. Coolfire Solutions connects people, assets, and information across any platform, leveraging data from any source, across any device, environment or network in real-time to enable better decision making at the edge.