Waltham’s Yottaa,a developer of aSaaS platform for accelerating eCommerce, today announced that it has raised $13 million in funding led by Stata Venture Partners and including existing investor General Catalyst, to scale the company to meet the rapidly growing demand for its eCommerce Acceleration Platform. In addition, Yottaa also announced the appointment of Rich Stendardo as CEO to further grow the company’s leadership in eCommerce acceleration.

Yottaa has brought revolutionary technology to market and over the last three years has secured hundreds of eCommerce destinations as customers, including Puma, Hallmark, Kraft, eBags, King Arthur Flour, Jo-Ann Fabric and Craft Stores, Moosejaw, and many more. Yottaa will use its new funding to grow all operational areas, including sales, marketing, engineering, and network operations, worldwide.

With the addition of Rich Stendardo, Yottaa will expand its role in helping leading eCommerce destinations accelerate their websites and increase online conversion rates. Stendardo has deep experience and a long track record of growing innovative eCommerce technology companies, including pioneers such as Amazon.com [AMZN] and Endeca [acquired by ORCL]. His extensive general management experience also includes time with GE and SAAS marketing analytics pioneer DataXu.

“Yottaa is solving a critical challenge for eCommerce companies by accelerating visitors becoming buyers on their websites across all devices and improving their customers’ experience, particularly on mobile,” said Rich Stendardo, CEO of Yottaa. “Since its inception, Yottaa has helped some of the biggest brands improve online conversions by accelerating web page load speeds by 40-60%. With this new round of funding, Yottaa is poised for increased growth and innovation, and to become the clear leader in eCommerce acceleration.”