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Climb Channel Solutions Announces Partnership with Flashpoint to Deliver Industry-Leading Threat Intelligence Solutions

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Climb Channel Solutions has announced a strategic partnership with Flashpoint, aiming to enhance security and intelligence capabilities for mission-critical organizations globally. This collaboration focuses on the distribution of Flashpoint's advanced threat intelligence platform, Flashpoint Ignite, through Climb's extensive network. Both companies emphasize the importance of timely and actionable threat data to protect people, places, and assets. Flashpoint's expertise in threat intelligence, combined with Climb's distribution prowess, is expected to deliver significant growth and unparalleled value to their mutual customers, particularly value-added resellers (VARs) and managed service providers (MSPs).

Positive
  • Climb Channel Solutions partners with industry leader Flashpoint, enhancing its product portfolio.
  • Flashpoint Ignite's comprehensive threat intelligence platform will now be accessible to a broader audience.
  • The partnership aims to significantly grow and provide unparalleled value to mutual customers.
  • Climb's extensive distribution network amplifies Flashpoint's market reach.
  • Mutual focus on delivering timely, actionable threat intelligence to safeguard critical assets.
Negative
  • No financial terms or projections were disclosed in the PR.
  • Potential increased competition in the threat intelligence market.

Insights

The partnership between Climb Channel Solutions and Flashpoint is a significant step in the cybersecurity sector. This collaboration leverages Climb's extensive distribution network and Flashpoint's sophisticated threat intelligence solutions. For investors, it is vital to recognize that this alliance aims to enhance the security capabilities of mission-critical organizations by providing them with advanced data and insights to combat security threats.

From a market perspective, the cybersecurity industry continues to grow rapidly, driven by increasing digital threats. Partnerships like this one are not only strategic but necessary for smaller or specialized firms to stay competitive. The integration of Flashpoint Ignite into Climb's offerings means a stronger product portfolio that can attract a broader customer base, thus potentially driving revenue growth.

However, investors should also consider that while the potential for growth exists, the cybersecurity market is highly competitive. Many companies offer similar solutions and significant marketing and customer acquisition strategies are essential for success. Despite this, the partnership positions both companies well to tap into new market segments and enhance their value propositions.

From a technical standpoint, Flashpoint's threat intelligence platform, Flashpoint Ignite, brings a significant advantage to Climb Channel Solutions’ portfolio. The platform's integration of human-powered data collection with intuitive technology offers a comprehensive approach to threat intelligence. This is particularly important as threat actors become increasingly sophisticated.

Flashpoint Ignite is designed to provide actionable insights that can help organizations make informed, mission-critical decisions. This proactive approach to cybersecurity means that organizations can better protect their assets and reduce risks, which is a strong selling point for Climb's partners. For investors, this indicates a robust product offering that meets the growing demand for advanced cybersecurity solutions.

Nevertheless, it's important to consider the implementation and integration challenges that come with any new technology partnership. Ensuring that Climb's value-added resellers (VARs) and managed service providers (MSPs) can seamlessly adopt and utilize Flashpoint's solutions will be key to the success of this partnership.

EATONTOWN, N.J., June 13, 2024 (GLOBE NEWSWIRE) -- Climb Channel Solutions, an international specialty technology distributor and wholly owned subsidiary of Climb Global Solutions, Inc. (NASDAQ: CLMB) announced the launch of their partnership with Flashpoint, the industry leader in threat data and intelligence. This strategic partnership aims to empower mission-critical organizations to proactively and decisively confront security and intelligence challenges with the most powerful data at the core, ensuring the safety of people, places, and assets.

“We are excited to join forces with Climb Channel Solutions to amplify our reach and impact,” said Ryan Bauernschmidt, Senior Director of Partnerships at Flashpoint. “This strategic alliance aligns with our mission to deliver the most relevant, timely, and actionable threat intelligence that empowers enterprises to make mission-critical decisions that keep people and assets safe. By leveraging Climb’s extensive distribution network, we can expand the reach of our industry-leading threat intelligence to a broader audience. This partnership will not only drive significant growth but also provide unparalleled value to our mutual customers by enhancing their ability to proactively safeguard critical assets and reduce risk.”

The global partnership between Climb and Flashpoint will enable more partners to access Flashpoint's comprehensive threat intelligence platform, Flashpoint Ignite, which integrates human-powered data collection and intelligence with intuitive technology to help organizations protect people, places, and assets. This collaboration underscores Climb Channel Solutions’ commitment to offering innovative technologies to its network of value-added resellers (VARs) and managed service providers (MSPs).

“As threat actors become smarter, and threats become more complex, it is critical that Climb continues to provide our partners with the best technologies to protect their customers’ data,” says Dale Foster, CEO of Climb Channel Solutions. “By partnering with Flashpoint, we enable partners and their customers with top threat intelligence solutions to quickly and easily make decisions and take action.”

Those interested in distribution services and solutions should contact Climb by phone at +1.800.847.7078 (US), or +1.888.523.7777 (Canada), or by email at Sales@ClimbCS.com.

About Climb Channel Solutions and Climb Global Solutions

Climb Channel Solutions is a global specialty technology distributor focusing on Security, Data Management, Connectivity, Storage & HCI, Virtualization & Cloud, and Software & Application Lifecycle. What sets Climb apart is our commitment to transform distribution by providing emerging and established IT technologies, flexible financing, real-time quoting, best of breed channel operations, speed to market, and exceptional service to our partners worldwide. Climb Channel Solutions is a wholly owned subsidiary of Climb Global Solutions (NASDAQ: CLMB). Experience the Climb difference and learn how our people-first approach empowers VARs and MSPs to grow, scale, and accelerate their business. Visit www.ClimbCS.com, call 1-800-847-7078, and connect with us on LinkedIn!

For Media & PR inquiries contact:
Climb Channel Solutions
Media Relations
media@ClimbCS.com

Investor Relations Contact:
Elevate IR
Sean Mansouri, CFA
T: 720-330-2829
CLMB@elevate-ir.com

About Flashpoint

Flashpoint is the pioneering leader in threat data and intelligence. We empower commercial enterprises and government agencies to decisively confront complex security challenges, reduce risk, and improve operational resilience amid fast-evolving threats. Through the Flashpoint Ignite platform, we deliver unparalleled depth, breadth and speed of data from highly relevant sources, enriched by human insights. Our solutions span cyber threat intelligence, vulnerability intelligence, geopolitical risk, physical security, fraud and brand protection. The result: our customers safeguard critical assets, avoid financial loss, and protect lives. Discover more at flashpoint.io.

For Media & PR inquiries contact:
kari@redironpr.com


FAQ

What is the partnership between Climb Channel Solutions and Flashpoint about?

The partnership aims to distribute Flashpoint's advanced threat intelligence solutions through Climb's extensive network to enhance security and intelligence capabilities for organizations.

When was the partnership between Climb Channel Solutions and Flashpoint announced?

The partnership was announced on June 13, 2024.

What platform will be distributed as part of the Climb and Flashpoint partnership?

Flashpoint's comprehensive threat intelligence platform, Flashpoint Ignite, will be distributed.

How will the Climb and Flashpoint partnership benefit customers?

The partnership will provide customers with access to advanced threat intelligence solutions, helping them protect critical assets and reduce risks.

What is the stock symbol for Climb Global Solutions?

The stock symbol for Climb Global Solutions is CLMB.

Climb Global Solutions, Inc.

NASDAQ:CLMB

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