PandoLogic, הספקית המובילה בעולם
של פרסום פרוגרמטי לעולמות הגיוס, הכריזה היום על רכישתה של Wade & Wendy, שפיתחה מנוע בינה
מלאכותית מבוסס-שיחה לשוק זה. רכישה זו ממצבת את פאנדולוג'יק כספקית הפרסום
הפרוגרמטי היחידה המסוגלת לאפיין מועמד איכותי, מבלי להיות מושפעת מהטיות ודעות
קדומות הנגזרות מהתערבות אנושית.
PandoLogic Inc. Acquires Conversational AI
Recruiting Provider Wade & Wendy
NEW YORK and HERZLIYA, Israel, May
20, 2021 (GLOBE NEWSWIRE):
PandoLogic,
the world's leading provider of programmatic recruitment advertising, today announced
its acquisition of conversational AI recruiting provider Wade & Wendy. The action positions
PandoLogic as the only programmatic advertising provider that can define a
quality applicant without the inherent bias that results from human
intervention.
The acquisition will accelerate the
adoption of programmatic job advertising as a best practice by combining
PandoLogic's world-class performance with Wade & Wendy's AI power for
candidate engagement and qualification to ensure delivery of the highest
possible volume of only the most qualified applicants.
PandoLogic President and CEO Terry Baker
said, "This acquisition reinforces our position as the most
technologically advanced provider of AI-enabled recruitment automation
software. We're delighted to welcome the Wade & Wendy team to PandoLogic
and look forward to our great work together."
PandoLogic's primary offering is pandoIQ, a
programmatic job advertising platform. PandoIQ automates and optimizes job ad
placements to help companies meet hiring needs by predicting optimal yields for
recruitment advertising budgets. Making more than 7,000 micro-decisions per
minute, pandoIQ eliminates inefficiencies and waste by reaching the right
candidates for the right price on the right sites at the right time.
Adding Wade & Wendy's conversational AI
to pandoIQ will deliver a more personalized application and candidate
experience. Not only does Wade & Wendy automate the arduous process of
scheduling candidate interviews, but it also intelligently transacts
time-consuming tasks such as sourcing and screening.
Drew Austin, CEO and founder of Wade &
Wendy, shared, "We entertained multiple offers and chose PandoLogic given
our strong cultural fit and solid foundation from which to drive future growth.
As hiring rebounds sharply, it's the perfect time for our companies to come
together."
Baker added, "As organizations shift
more to remote and hybrid workplaces and diversity hiring escalates in
importance, our digital-first, one source of truth approach ensures productive
collaboration across teams. Our Hire Intelligence approach just got smarter
with Wade & Wendy's AI-enabled contextual engagement for sourcing qualified
candidates, and PandoLogic's strong strategic alignment with Wade & Wendy
will give our mutual clients the best of both organizations under the
PandoLogic brand."
Madeline Laurano, founder of Aptitude
Research, said, "We're entering one of the hottest job markets in over a
decade, making the need to recruit intelligently and hire quickly crucial to
organizational viability. Both PandoLogic and Wade & Wendy have
consistently demonstrated their ability to drive measurable results for hiring
companies and exemplary experiences for job candidates."
Effective immediately, customers will be
able to purchase Wade & Wendy and PandoLogic products independently or as a
bundled offering. Other terms of the agreement are not being disclosed.
About Wade
& Wendy
Wade & Wendy is an on-demand recruitment automation platform that increases
recruiters' bandwidth to make for a better - and more human - candidate
experience. Their AI recruiter platform automates task-driven recruitment
processes: sourcing, screening and recommending qualified & interested
candidates.
Founded in 2015, Wade & Wendy has
raised $11.5M of funding from investors, including ff Venture Capital, Jazz
Venture Partners, Indicator Ventures, Slack and the Randstad Innovation Fund.
About
PandoLogic
PandoLogic is the leading programmatic job
advertising and vendor management platform in North America. Referred to as the
"best-kept secret in HR," its programmatic job advertising platform,
pandoIQ, automates and optimizes job ad placements to help companies meet
hiring needs while maximizing recruitment ad spend. Evaluating 100T job data
points and making 7,000 micro-decisions per minute, pandoIQ eliminates
inefficiencies and waste by reaching the right candidates on the right sites at
the right time for the right price via a single performance-based platform.
One vendor, one source of truth, better
results. Learn more at pandologic.com.
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