Further Acquires Pandata

Further, an Atlanta, GA-based data, cloud, and AI company, acquired Pandata, a Cleveland, OH-based company specializing in AI design and development.

The amount of the deal was not disclosed.

With the acquisition, Further and Pandata will be able to leverage their combined expertise to deliver privacy-first AI solutions that address growing concerns around data security.

Founded by CEO Cal Al-Dhubaib, Pandata creates AI solutions that address challenges faced by organizations operating in sensitive and highly regulated environments. With a focus on maintaining safety, compliance, and risk mitigation, the company has become a used partner for companies seeking advanced AI and machine learning capabilities. Cal Al-Dhubaib, Pandata’s CEO and founder, will join Further as its Head of AI and the Pandata team will be part of the Further data science team.

Led by Mike Gustafson, President, Further provides AI and machine learning solutions used by highly technical and data dependent industries such as healthcare and life sciences, financial services, defense, and energy to turn raw data into the right decisions. The company has served brands including GameStop, Red Hat, Novartis, and Robert Half.

FinSMEs

27/03/2024