AI Networking Innovator Nile Expands its Executive Team, Adding Industry Veteran Bill Choi as CFO
23 Abril 2024 - 6:00AM
Nile, a pioneer in AI networking and Network-as-a-Service (NaaS)
for the enterprise, today announced that award-winning technology
veteran Bill Choi has joined its executive team as Chief Financial
Officer (CFO). Mr. Choi comes to Nile from cybersecurity and zero
trust cloud security leader Zscaler, Inc., where he served as SVP,
Strategic Finance and Investor Relations. In this new role at Nile,
Mr. Choi will be responsible for all aspects of global finance and
accounting, corporate strategy, and M&A.
“Here at Nile, we’re building a team that will
scale this company into a category leader,” said Pankaj Patel, CEO
and co-founder of Nile. “Bill’s exceptional track record and
strategic skill set is the perfect fit for our needs. He has a deep
understanding of and experience in scaling disruptive companies in
both the public and private arenas. We are thrilled to have someone
of his caliber join our leadership.”
During his tenure at Zscaler, Mr. Choi helped
the pioneering firm reach remarkable milestones, including the
best-performing tech IPO of 2018, 15x growth in annual recurring
revenue to over $2 billion, and inclusion in the Nasdaq 100 index
within four years.
“Throughout my career, I've been drawn to
disruptive technologies and market pioneers, and Nile embodies
these ideals,” said Mr. Choi. “Beyond the vast potential of the
company’s solution to fundamentally disrupt the $100B enterprise
network market, it’s clear that Pankaj has built an amazing team of
skilled veterans capable of executing his vision. This outstanding
team, as much as the capabilities of Nile’s solution, motivated me
to join.”
Prior to his roles at Nile and Zscaler, Mr. Choi
spent over 20 years leading and building technology sector research
practices at multiple investment banks, including Jefferies,
Janney, Merrill Lynch, and PaineWebber. Mr. Choi is a Chartered
Financial Analyst (CFA) and graduated with honors from the Wharton
School of the University of Pennsylvania, with a concentration in
finance and management.
About the Nile Access
Service
The Nile Access Service is powered by a new
approach to enterprise AI networking that is within reach for all
businesses, whether they have five people or 50,000. This visionary
model combines cloud native software delivery, AI and automation,
zero-trust networking security, and custom-built wired, wireless,
and sensor network infrastructure in an “as-a-Service” offering.
Unlike legacy, product-centric Network-as-a-Service (NaaS)
offerings, the Nile Access Service was built from the ground up
with powerful AI applications to automate and orchestrate
traditionally manual network operations. It offers a standardized
system design, a single data store, and an integrated software
stack to deliver guaranteed performance, coverage, capacity, and
availability for wired and wireless LAN connectivity. With per-user
and per-square-foot consumption options available, all service
capabilities include all hardware and software components, 24/7
support, and zero upfront capital expense.
To learn more about the Nile Access Service,
visit https://nilesecure.com/enterprise-network/
About Nile:
Nile is disrupting the enterprise network market
by modernizing IT operations with a new AI networking architecture,
delivering enterprise networks entirely as a service. For the first
time in the industry, the Nile Access Service integrates zero-trust
security and offers performance guarantees for connectivity,
coverage, and availability. With Nile, IT organizations close the
gap between their digital aspirations and legacy realities, reduce
their total cost of ownership by more than 60%, and recover
critical IT resources while their users gain superior connectivity.
For more information, visit nilesecure.com/journey.
Media Contacts:Nichols Communications for
NileJay Nichols+1 408-772-1551jay@nicholscomm.com