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Connection is an information technology solutions provider that sells hardware, software, and related IT services, based in Merrimack, New Hampshire. The publicly traded company operates with a workforce of more than 2,600 employees and maintains an extensive catalog of over 460,000 technology products. Operating under the public ticker symbol NASDAQ: PCCC, the firm serves a diverse client base across the enterprise, government, healthcare, and education sectors. Formerly known as PC Connection before a comprehensive 2016 rebranding effort, the business achieved a notable financial milestone when its annual sales surpassed $1 billion in 1999. The organization has maintained a long-standing presence as a recognized Fortune 1000 company while focusing on direct marketing, technical advisory services, and customer support for small and medium-sized businesses. Connection was originally founded in 1982 by entrepreneurs Patricia Gallup and David Hall.
Connections has raised $28.0M across 1 funding round.
Connections has raised $28.0M in total across 1 funding round.
Connections has raised $28.0M across 1 funding round. Most recently, it raised $28.0M Series B in October 2023.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Oct 1, 2023 | $28M Series B | — | Town Hall Ventures | Announced |
Connections has raised $28.0M in total across 1 funding round.
Connections's investors include Town Hall Ventures.
Connection (PC Connection, Inc., NASDAQ: CNXN) is a Fortune 1000 global IT solutions provider founded in 1982, specializing in hardware, software, services, and integrated solutions for SMBs, enterprises, healthcare, government, and education sectors.[1][2][3] With approximately $2.9 billion in annual revenue, over 2,600 employees, and a portfolio of 460,000+ products from 1,600+ manufacturers, it operates through three divisions—Connection Business Solutions, Enterprise Solutions, and Public Sector Solutions—to simplify complex IT needs like cloud, AI, security, networking, and data centers.[2][3][5][6] The company drives customer growth by connecting people with technology, offering design, deployment, global procurement across 174 countries, and managed services backed by 5,000+ technical certifications.[1][2][3]
Serving large enterprises, educational institutions, healthcare organizations, and government agencies, Connection solves IT complexity through expert guidance, competitive pricing, and customized integration from its Ohio Technology Integration Center.[1][3][5] Its growth is evidenced by a $1.66B market cap, consistent revenue, and recognition as one of America’s Most Trustworthy Companies by Newsweek.[2]
Connection was founded in 1982 in Merrimack, New Hampshire, initially as PC Connection, evolving from a mail-order PC seller into a comprehensive IT solutions provider.[1][2][6] Headquartered at 730 Milford Road, it has expanded over four decades to include specialized divisions for business, enterprise, and public sector markets, now employing 2,600+ staff with 750+ account managers averaging 8 years tenure.[2][5][6]
Key growth moments include building a global procurement network with 500+ suppliers in 174 countries, launching services like IT design, volume licensing, and Windows migrations, and achieving NASDAQ listing (CNXN) with steady revenue scaling to $2.9B.[2][3][5] This trajectory reflects adaptation to IT shifts from hardware distribution to full-service solutions, including recent AI and cloud focus.[7]
Connection rides the wave of IT democratization and AI acceleration, simplifying procurement and deployment amid cloud migration, cybersecurity threats, and AI adoption across industries.[3][7] Its timing aligns with enterprises seeking trusted partners for hybrid IT—balancing on-prem hardware with SaaS, edge computing, and AI—especially in regulated sectors like government and healthcare where compliance and reliability matter.[1][5]
Market forces favoring Connection include rising IT spend (projected multi-billion growth), supply chain globalization, and public sector digitization, amplified by its public status and scale for competitive pricing.[2][3] It influences the ecosystem by enabling SMBs and enterprises to access cutting-edge tech without in-house expertise, fostering innovation through partnerships and services that bridge hardware-software gaps.[7]
Connection is poised to capitalize on AI proliferation and edge computing, expanding its Helix AI Center and global services to meet demand for embedded AI in workflows, security, and data processing.[7] Trends like zero-trust security, sustainable IT (power/cooling), and multi-cloud will shape its path, leveraging its trustworthy brand and procurement muscle for resilient growth amid economic volatility.[2][3]
Its influence may evolve toward deeper managed AI services and vertical specialization (e.g., healthcare digitization), potentially boosting revenue beyond $3B as it guides clients through tech overload—reinforcing its core mission to make IT simple, not stressful.[2][7]
