PandoLogic, a provider of programmatic recruitment advertising, acquired artificial intelligence-powered recruitment chatbot firm Wade & Wendy.

Founded in 2015, Wade & Wendy had raised $11.5 million in funding. Investors in the New York-based company include the Randstad Innovation Fund, ff Venture Capital, Jazz Venture Partners, Indicator Ventures and Slack.

The Wade product helps applicants find opportunities while Wendy assists hiring managers in identifying and matching candidates, according to the Randstad Innovation Fund.

“Our hire intelligence approach just got smarter with Wade and Wendy’s AI enabled contextual engagement for sourcing qualified candidates,” PandoLogic President and CEO Terry Baker said, “and PandoLogic’s strong strategic alignment with Wade & Wendy will give our mutual clients the best of both organizations under the PandoLogic brand.”

Terms of the transaction were not announced.

“We entertained multiple offers and chose PandoLogic given our strong cultural fit and solid foundation from which to drive future growth,” said Drew Austin, CEO and founder of Wade & Wendy. “As hiring rebounds sharply, it’s the perfect time for our companies to come together.”

PandoLogic, also based in New York, says it now serves more than 125,000 employers. PandoLogic ranks as one of the three largest providers of programmatic job advertising, according to the report “Introducing Programmatic Job Advertising” by SIA. Programmatic job advertising is a method to distribute job ads using AI and machine learning to determine where employers will have the most success in displaying their vacancies in line with their available budgets. An important aspect of programmatic job advertising is that the pricing model is performance based.