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The Clymb Ramps Up with $2M in Funding

2011-06-29
The Clymb, a Portland, Ore.-based ecommerce startup specializing in outdoor gear, has raised a $2 million Series A round from Walden Venture Capital and the Oregon Angel Fund (OAF).
PORTLAND, OR, June 29, The Clymb announced today that it closed more than $2 million in Series A funding, led by the Oregon Angel Fund and joined by Walden Venture Capital, J Allard and individual investors. The financing will elevate The Clymb's leadership in the outdoor flash sale market and further support its mission to inspire human-powered adventure by delivering exclusive savings on gear and experiences.

The Clymb is the first private sale site to cater to the $46 billion outdoor lifestyle market and has grown tremendously since launching in 2009.

The Clymb is carving out a niche vertical in the rapidly growing flash sale market - predicted to reach $6 billion by 2015 (BIA/Kelsey). The Clymb is led by an expert team with a seasoned history in the active lifestyle space working with brands such as: adidas, backcountry.com, KEEN, Levi's, Nike, Salomon and The North Face.



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