Stateless Moves into New Facility, Prepares for Growth with 5X More Capacity

Includes Additional Space for In-House Lab Testing and Expanded Facilities for Engineering, Operations, Sales and Customer Support Teams

BOULDER, Colo.–(BUSINESS WIRE)–Stateless, Inc., the company reinventing network connectivity, today announced it has moved into a new facility that more than quintuples its capacity. The new 17,000 square foot facility is located at 5710 Flatiron Parkway in Boulder and is now corporate headquarters for the networking pioneer. The move supports plans to add more than 80 new employees over the next 18 months and enables the company to expand its presence in the data center and cloud infrastructure markets.


“Increased reliance on hybrid cloud strategies has placed data center operators at the epicenter of connectivity and is creating new revenue growth opportunities for colocation and cloud managed service providers,” said Murad Kablan, Stateless CEO. “The Stateless Luxon platform is gaining interest and traction with several data center industry leaders. Our new facility positions us extremely well to support the growing demand for software-defined interconnect platforms.”

According to Structure Research, the global data center interconnection (XC) market is projected to grow to $3.2 billion by 2024. To meet the industry’s growing connectivity requirements, Stateless has ambitious hiring plans for both technical and non-technical roles.

“Stateless is currently hiring across all departments including engineering, operations, sales, marketing, support and administration,” said Nichole Sterling, Stateless’ Head of People and Culture. “We’re very proud of the engaging and positive culture we’ve built and the talented, innovative team we’ve assembled.”

Stateless’ Luxon, the industry’s first software-defined interconnect (SD-IX) platform to provide complete visibility, end-to-end automation and API-driven functionalities, allows providers to control and connect to every endpoint, including portfolio data centers, tenant sites and hyperscale clouds. With the company’s advanced platform, providers can easily deliver new services and expand their businesses to be more competitive and profitable.

Stateless raised $11.33 million in Series A funding earlier this year and was awarded a Phase II grant from the National Science Foundation (NSF) for its advancements in SD-IX. The Phase II grant of $750,000 follows the company’s previous award of $225,000 by the scientific organization.

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About Stateless, Inc.

Stateless is reinventing connectivity. We are dedicated to relentlessly solving the network challenges others deem impossible. The revolutionary Stateless platform gives users the power to optimize existing network assets to control and connect every endpoint, including portfolio data centers, tenant sites and hyperscale clouds. Stateless is proudly based in Boulder, Colorado. Learn more at www.stateless.net.

©2019 All rights reserved. Stateless is a trademark owned by Stateless, Inc. All other trademarks are the property of their respective owners.

Contacts

IGNITE Consulting, on behalf of Stateless

Kathleen Sullivan, 303-439-9365

Linda Dellett, 303-439-9398

stateless@igniteconsultinginc.com

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