Igal is the CEO of Credorax Inc. a global financial institution active in the eCommerce space, after having served as the executive chairman of Credorax Inc from 2010 -2015. Previously, Igal co-founded PowerDsine (Nasdaq:PDSN) in 1995 and served as CEO and director from inception till January 2007. PowerDsine pioneered the innovative Power over Ethernet (PoE) technology and is the global leader of this space. Igal led all private funding rounds as well as successful NASDAQ IPO in June 2004. In October 2006 Igal led the acquisition of PowerDsine by Microsemi Corp (Nadsaq:MSCC) for over $250M. Prior to co-founding PDSN Igal was the CEO of Butterfly Communication that was later sold to TI for $50M. The company was one of the world pioneers in providing Bluetooth semiconductors. From 1981 until 1992, Igal served as a Major in an elite R&D center within Israeli Defense Forces (IDF) Intelligence Corps. Igal was chosen as Ernst & Young 2004 Entrepreneur of the Year, representing Israel in Monaco that year. Igal was born in Israel in March 15th, 1961. Igal holds an MBA from Tel Aviv University specializing in industrial management, and a B.Sc. in Electrical Engineering from Tel Aviv University, from which he graduated Magna Cum Laude.