Anchored in work initiated by the founders - one a student, the other faculty - at the University of Boulder, Stateless has developed a new technology approach designed to allow network functions like firewalls and load balancers easily to be offered and consumed through the as a service model. The company's platform and network functions move networking infrastructures of all kinds into the cloud era, giving operators the flexibility and functionality that today's users badly need. In the Fall 2017, Stateless released a minimum viable product; demos for cloud service providers and shortly thereafter raised a useful round of
