Appointment
Ido Bukspan appointed new CEO of Pliops
Bukspan joins Pliops from NVIDIA, where he served as SVP of Chip Design; Co-Founder and Former CEO Uri Beitler will serve as Chief Strategy & Business Development Officer
Israeli startup Pliops, which develops data processors for cloud and enterprise data centers, announced on Monday that Ido Bukspan, who most recently served as SVP of Chip Design at NVIDIA, has joined the company as CEO and board member.
Pliops co-founder and former CEO Uri Beitler will become Chief Strategy & Business Development officer, where he will focus on developing strategic partnerships and creating new business opportunities to promote the company’s growth.
The new appointments will take effect next week.
“I am very proud of Pliops’ achievements to date and am excited to work closely with Ido, who has an impressive track record,” stated Beitler. “I have no doubt that Ido will successfully lead Pliops forward and help implement our product roadmap and integrations with our customers.”
Bukspan said: “I’m excited to join Pliops and continue to integrate the advanced technology it developed – together with its founders, Uri, Moshe and Aryeh, and the company's leaders and employees. Pliops is experiencing excellent momentum for continued growth and expansion.”
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Bukspan was one of the leaders at Mellanox before it got acquired by NVIDIA for nearly $7 billion. He held a wide range of positions before being appointed as the leader of the Chip Design Group, which went on to become NVIDIA's networking products. During his tenure with NVIDIA, Bukspan led Chip Design Networking, an organization with hundreds of employees worldwide.
Founded in 2017 by Beitler, Aryeh Mergi and Moshe Twitto, Pliops has developed technology that provides a solution for the rapidly growing volumes of data and solves the problem of slow computational performance. The company's data processor radically simplifies the way the data is processed and storage is managed at data centers.
The company employs approximately 110 employees in Israel, the U.S and China – and has to date secured approximately $215 million from prominent investors, including Koch Disruptive Technologies, State of Mind Ventures, Momentum, Intel Capital, Viola Ventures, SoftBank, NVIDIA, AMD, WD, and SK hynix.