What is Stateless?
Stateless is redefining the landscape of network operations through its industry-first SD-IX platform. By enabling network providers to optimize existing assets and streamline connectivity across data centers, tenant sites, and hyperscale clouds, the company effectively reduces capital expenditures while unlocking new revenue streams. The platform serves as a critical bridge for organizations looking to modernize their infrastructure, providing the granular control necessary to manage endpoints in an increasingly decentralized digital environment. As a pioneer in software-defined networking, Stateless is positioned at the intersection of cloud agility and traditional network reliability, offering a scalable solution for the modern enterprise.
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 Speedinvest, Techstars, Service Provider Capital, EVO Venture Partners, and PV Ventures
Series A (2019): $11.3M led by Speedinvest and Drive Capital
Key Investors in Stateless
Drive Capital
Drive Capital is a venture capital firm based in Columbus that invests in exceptional founders creating the next generation of market-defining companies, focusing on providing capital and support from idea to IPO.
Service Provider Capital
Service Provider Capital is a venture capital fund that co-invests in Seed and Series A deals, enhancing the reach of its portfolio companies by connecting them with potential investors and strategic partners.
EVO Venture Partners
EVO VP Global is a Dutch micro VC based in Amsterdam that partners with early-stage IT infrastructure startups, focusing on software-based infrastructures including networking and cloud.
What's next for Stateless?
Following its successful Series A round, Stateless is poised to accelerate the deployment of its SD-IX technology across broader market segments. The strategic backing from institutional investors provides the necessary runway to scale operations and enhance the platform's capabilities in cloud-native networking. Moving forward, the company is expected to focus on deepening its integration with hyperscale cloud providers and expanding its footprint within the global data center ecosystem. By maintaining its commitment to solving impossible network challenges, Stateless is well-positioned to capture significant market share as enterprises continue to prioritize software-defined infrastructure to drive operational efficiency and long-term digital transformation.
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