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About Climb Global Solutions (NASDAQ: CLMB)
Climb Global Solutions, Inc. is a specialized, value-added IT distributor and solutions provider focused on emerging technologies. Headquartered in the United States, Climb operates through a network of business units, including Climb Channel Solutions, Sigma, Grey Matter, Interwork, and TechXtend, serving markets in North America, Europe, and beyond. The company plays a pivotal role in the technology channel by connecting innovative software, hardware, and cloud solutions vendors with corporate resellers, value-added resellers (VARs), managed service providers (MSPs), and IT consultants.
Business Model and Operations
Climb Global Solutions operates through two primary segments:
- Distribution Segment: This segment, managed under the Climb Channel Solutions brand, focuses on distributing technical software and appliances in areas such as cybersecurity, virtualization, networking, and application lifecycle management. By leveraging its extensive reseller network, Climb helps vendors expand their market reach while providing resellers with access to cutting-edge technologies.
- Solutions Segment: Operating under brands like Grey Matter, this segment provides cloud-based IT solutions, software, and hardware to end customers. It also offers value-added services such as licensing expertise, technical support, and consulting, catering to the unique needs of businesses navigating digital transformation.
Core Focus Areas
Climb Global specializes in high-growth IT domains, including:
- Cybersecurity: Offering solutions to protect data, networks, and identities through partnerships with leading vendors.
- Cloud and Virtualization: Providing tools and services to enable businesses to migrate and manage workloads in hybrid and cloud environments.
- Software Lifecycle Management: Distributing tools for application development, deployment, and maintenance.
- Data Management and Storage: Delivering solutions for secure and efficient data handling.
Strategic Differentiators
Climb Global Solutions differentiates itself through:
- Focus on Emerging Technologies: By prioritizing innovative and niche IT solutions, Climb stays ahead of market trends and addresses the evolving needs of its partners and customers.
- Flexible Financing and Real-Time Quoting: These capabilities enable resellers to scale their operations and close deals efficiently.
- Strong Vendor Relationships: Partnerships with top-tier vendors like Flashpoint, Keyfactor, and MSP360 enhance Climb’s ability to offer comprehensive solutions.
- Channel Expertise: Climb's robust channel operations and people-first approach empower resellers and MSPs to grow and adapt in a competitive market.
Industry Significance
As a value-added distributor, Climb Global Solutions serves as a critical enabler in the IT ecosystem. By bridging the gap between innovative technology vendors and resellers, the company facilitates the adoption of advanced IT solutions across industries. Its strategic focus on cybersecurity, cloud technologies, and software lifecycle management aligns with global IT trends, positioning Climb as a key player in driving digital transformation for businesses worldwide.
Growth and Acquisitions
Climb’s growth strategy includes organic expansion and strategic acquisitions, such as the integration of DSS, a leader in the EdTech channel. These initiatives enhance Climb’s vendor portfolio, geographic reach, and market expertise, enabling the company to better serve specialized markets like education and nonprofit sectors.
Commitment to Excellence
Climb Global Solutions is committed to delivering exceptional value to its partners and customers. Its recognition in industry accolades, such as the CRN Women of the Channel list, underscores its dedication to fostering leadership and innovation within the IT channel. By prioritizing partner success, Climb continues to solidify its reputation as a trusted and forward-thinking distributor in the global technology landscape.
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Climb Channel Solutions, a subsidiary of Climb Global Solutions, Inc. (NASDAQ: CLMB), has been awarded Distributor of the Year in North America and EMEA by Wasabi Technologies. Additionally, Nathan Wysocki, Climb's Director of National Accounts, has been named the Wasabi MVP for North America. This recognition is a testament to Climb's commitment to providing the best service to vendors, resellers, and MSPs, as well as its dedication to enabling channel partners with the latest emerging technology.
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Climb Channel Solutions (NASDAQ: CLMB) expands partnership with Jamf (NASDAQ: JAMF) to offer Apple device management and security solutions in the US, leveraging Jamf's cutting-edge software and Climb's extensive distribution capabilities. The partnership aims to provide comprehensive support, training, and deployment options for optimized IT infrastructure and superior end-user experience.
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Climb Channel Solutions (NASDAQ: CLMB) partners with DNSFilter to launch their security solution in the North American market, aiming to mitigate cyber-attack risk. DNSFilter's technology protects 26 million users monthly and identifies threats faster than other services. Climb will be the sole distributor, providing resellers and MSPs access to DNS security, addressing the essential need for protection against online threats.
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Climb Channel Solutions, a subsidiary of Climb Global Solutions, Inc. (NASDAQ: CLMB), has expanded its GSA IT-70 Contract by adding GFI Software, a leading company in security, collaboration, and network management solutions. The partnership aims to bring impactful technology to the public sector and improve the IT infrastructure of government entities. GFI's portfolio includes email security, digital faxing, patch management, vulnerability testing, firewalls, and more, with a cloud-based platform for easy management. The GSA Schedule provides access to millions of commercial products and services at fair prices to the government, making buying easy and efficient.
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Climb Channel Solutions, Inc. (NASDAQ: CLMB) expands its partnership with Malwarebytes, offering resellers access to ThreatDown Endpoint Detection and Response and ThreatDown Managed Detection and Response in North America. The collaboration aims to provide streamlined and simplified endpoint protection, detection, and response solutions to partners, enabling them to offer the best protection possible for their end users. ThreatDown solutions are designed to be easy to deploy and use immediately without complex set-up or maintenance.
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Climb Global Solutions, Inc. (NASDAQ:CLMB) announced its participation in the upcoming Sidoti Small Cap Conference on December 6-7, 2023. The management team will hold 1x1 meetings and a virtual presentation at 1:45 p.m. ET on December 7. Interested individuals can register and view the presentation on-demand. For conference sign-up or 1x1 meeting scheduling, visit www.sidoti.com/events. Contact CLMB@elevate-ir.com for additional inquiries.
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Climb Channel Solutions (CLMB) partners with Security Compass to enhance their solutions stack, offering application security worldwide. Security Compass aims to expand its channel presence with Climb as their preferred distributor, providing a developer-centric approach to secure, compliant code at scale. The partnership signifies a strategic move for both organizations, delivering leading security solutions and unparalleled support to channel partners and end-users.
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NASDAQ: CLMB - Climb Channel Solutions, a subsidiary of Climb Global Solutions, Inc., was named a 2023 CDW Partner of the Year during the 2023 CDW Partner Summit. The award recognizes Climb's exemplary products, programs, solutions, and services that support CDW and its customers. The company's CEO, Dale Foster, expressed gratitude for the recognition and highlighted the longstanding partnership with CDW. The selection criteria for the award included growth of partners' sales through CDW, overall profitability at CDW, and market strategy alignment.
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Climb Global Solutions, Inc. (NASDAQ: CLMB) announces a partnership with Kiteworks to launch a Private Content Network for unified, trackable, and secure content communications. The collaboration aims to meet the demands of the new Compliance Era by integrating compliance and security, offering advanced governance, and applying content-based risk policy enforcement aligned with NIST CSF. The partnership enables Climb Channel Solutions to expand its security offerings with a focus on maintaining compliance, providing resellers and their customers with a security platform authorized by FedRAMP for secure file sharing and transfer, and email data communications.
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Climb Global Solutions, Inc. (NASDAQ: CLMB) has signed an authorized GitLab distributor partnership agreement, expanding its portfolio to include GitLab’s AI-powered DevSecOps Platform. The partnership aims to streamline software development processes, enhance team collaboration, and drive digital transformation. GitLab's VP of Channels and Alliances, Patty Cheung, expressed excitement about the partnership, highlighting the benefits of embracing modern, secure software development practices. Climb Channel Solutions' CEO, Dale Foster, echoed the sentiment, emphasizing the alignment with their mission to equip clients with the best emerging technology. The partnership will enable Climb to distribute GitLab to authorized resellers, simplifying complex development tasks and integrating security, monitoring, and compliance directly into the development workflow.
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FAQ
What is the current stock price of Climb Global (CLMB)?
The current stock price of Climb Global (CLMB) is $117.26 as of March 3, 2025.
What is the market cap of Climb Global (CLMB)?
The market cap of Climb Global (CLMB) is approximately 560.5M.
What does Climb Global Solutions do?
Climb Global Solutions is a value-added IT distributor and solutions provider specializing in emerging technologies like cybersecurity, cloud, and software lifecycle management.
How does Climb Global generate revenue?
Climb Global generates revenue through its Distribution segment, which connects vendors with resellers, and its Solutions segment, which provides IT solutions and services to end customers.
What industries does Climb Global serve?
Climb serves a wide range of industries, including education, corporate IT, and nonprofit sectors, by offering specialized IT solutions and services.
What sets Climb Global apart from competitors?
Climb differentiates itself through its focus on emerging technologies, flexible financing options, strong vendor relationships, and robust channel expertise.
What is Climb Global’s role in the IT channel?
Climb acts as a critical intermediary, connecting innovative technology vendors with resellers and MSPs to facilitate the adoption of advanced IT solutions.
What are Climb Global’s key focus areas?
Climb focuses on cybersecurity, cloud and virtualization, software lifecycle management, and data management and storage solutions.
What recent acquisitions has Climb Global made?
Climb recently acquired DSS, a leader in the EdTech channel, to expand its vendor portfolio and enhance its presence in the education market.
How does Climb support its reseller partners?
Climb provides resellers with access to innovative technologies, flexible financing, real-time quoting, and expert channel operations to help them scale and grow.
What is the significance of Climb’s focus on emerging technologies?
By prioritizing innovative IT solutions, Climb addresses evolving market needs and helps its partners stay competitive in a rapidly changing industry.
Where does Climb Global operate?
Climb operates in North America, Europe, and other global markets through its network of business units like Climb Channel Solutions and Grey Matter.
Climb Global
Nasdaq:CLMB
CLMB Rankings
CLMB Stock Data
560.53M
3.82M
16.67%
59.17%
2.07%
Electronics & Computer Distribution
Wholesale-computers & Peripheral Equipment & Software
United States
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