Financial Leader MacRae Brings Track Record of Success in Profitable Scalability and Expansion
BOULDER, Colo.–(BUSINESS WIRE)–Stateless, Inc., the company reinventing network connectivity, today announced the appointment of Judd MacRae as Vice President of Finance. In this role, MacRae will support on Stateless’ fast-paced growth through financing strategies, developing the company’s finance and analytics teams and implementing sound financial management practices.
“Judd’s depth of knowledge and track record of success make him a great asset to our team as we work to smartly and profitably scale our business,” said Murad Kablan, Stateless CEO. “As we expand our customer base, Judd’s expertise will help Stateless build out its go-to-market strategies and processes to enable rapid growth and to allow teams to work more effectively.”
MacRae brings more than a decade of expertise in working with innovative technology and startup companies. He has spent his career focused on the intersection of finance, software technology and capital fundraising, positioning companies to attract and secure capital funds. MacRae spent the last eight years of his career in the finance and venture capital/accelerator sectors. Prior to Stateless, he was a Partner at Richtr Studios overseeing the accounting processes of rapid growth and early-stage companies. MacRae holds a master’s degree and BS in Accounting and Business Management from Colorado State University.
“Stateless has a market redefining technology and an impactful growth story,” said MacRae. “It’s an exciting time in the company’s history, and I look forward to working with the Stateless team and to working within the team-oriented culture that Stateless has cultivated to drive its rapid growth.”
Innovations fueled by modern cloud computing are driving next-generation interconnect requirements. Stateless’ Luxon product allows network services such as IPsec, routing as a service, and network service chaining to be easily deployed and integrated by DevOps and network users through our Luxon software platform. Stateless emerged from stealth in January 2019 and raised $11.33 million in Series A funding. The company’s oversubscribed Series A Round was led by Drive Capital with participation from Speedinvest.
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.
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IGNITE Consulting, on behalf of Stateless
Kathleen Sullivan, 303-439-9365
Linda Dellett, 303-439-9398