The capital injection will finance aggressive product development and a significant hiring push, focusing specifically on engineering and implementation teams. Beyond internal growth, the company plans to provide a liquidity opportunity for its employees, effectively cashing out long-term staff as the business scales.

Peregrine’s software functions by unifying information across siloed systems, maintaining a permission-aware architecture that appeals to both private enterprises and public sector agencies. While the technology handles complex logistics for massive cultural gatherings like the Super Bowl, the Grammys, and the Academy Awards, CEO Nick Noone emphasized that the company’s core remains anchored in government contracts. Local police, fire, and emergency management departments currently rely on these tools to coordinate critical field operations.