What is Stateless?
Stateless is at the forefront of reinventing network connectivity, dedicated to solving complex network challenges. The company offers an industry-first SD-IX platform designed to empower network providers with new monetization avenues for their connectivity assets, while simultaneously streamlining operations and reducing capital expenditures. This innovative platform enables users to optimize existing network assets, thereby controlling and connecting every endpoint, including data centers, tenant sites, and hyperscale clouds. Based in Boulder, Colorado, Stateless is committed to pushing the boundaries of network technology.
How much funding has Stateless raised?
Stateless has raised a total of $12.7M across 2 funding rounds:
Angel/Seed
$1.4M
Series A
$11.3M
Angel/Seed (2017): $1.4M with participation from PV Ventures, Techstars, Service Provider Capital, Speedinvest, and EVO Venture Partners
Series A (2019): $11.3M led by Speedinvest and Drive Capital
Key Investors in Stateless
PV Ventures
PV Ventures is an investment firm that appears to be involved in the online gaming sector, with a focus on platforms offering a variety of gambling services and games from prominent providers. Their participation in this funding round suggests a potential interest in the underlying infrastructure or technology supporting such platforms.
Techstars
Techstars is a global network of accelerators that supports early-stage startups through mentorship, funding, and access to a vast network of entrepreneurs and investors. Their involvement highlights Stateless's early-stage potential and commitment to growth.
Service Provider Capital
Service Provider Capital is a venture capital fund specializing in co-investing in Seed and Series A deals, leveraging extensive networks to support portfolio companies. Their investment in Stateless indicates confidence in the company's market strategy and growth trajectory.
What's next for Stateless?
With its recent major strategic investment, Stateless is poised for significant expansion and innovation. The company's focus on an SD-IX platform suggests a strategic move towards enabling greater network flexibility and efficiency for providers. This backing, particularly from investors with expertise in infrastructure and early-stage technology, indicates a strong belief in Stateless's potential to disrupt the market. Future developments will likely involve scaling operations, enhancing platform capabilities, and forging new partnerships to solidify its position as a leader in next-generation network solutions.
See full Stateless company page
