Funding Secured by Datapao from Databricks and Euroventures
Datapao Secures Strategic Investment to Boost AI Implementation
Datapao, a European data and AI consultancy, has announced a significant investment from Databricks and Euroventures. This funding will accelerate Datapao's growth and enhance its implementation of generative AI, bridging the gap between AI ambition and execution.
The investment will allow Datapao to expand its consulting services, boost migration programs, and introduce new GenAI upskilling initiatives. With this investment, Datapao will be able to help more companies move from experimentation to execution in the field of AI.
Founded in 2016, Datapao has been a trusted partner for many years, helping customers realize data modernization on the Databricks Data Intelligence Platform. As a long-standing partner, Datapao's deep data platform expertise, strong management, and fast growth make it the best possible European professional services company to deliver these platforms to forward-looking companies.
Tom Howells, Partner at Euroventures, highlights the strategic value of this partnership, stating, "Datapao is positioned to solve complex AI challenges and accelerate client transformations at scale, moving beyond AI ambition towards practical, scalable outcomes."
The investment from Databricks and Euroventures will provide Datapao with access to advanced data platform technology, such as Databricks' Lakehouse technology. This technology optimizes for active, relational operations, offering real-time, sub-second SQL query performance, unified governance via Unity Catalog, and simplified operational complexity. This enables faster deployment and development for generative AI applications.
In addition, the investment will enhance solution delivery, allowing Datapao to deepen its expertise and offer end-to-end support spanning strategy, implementation, and innovation specifically for generative AI use cases on modern cloud data infrastructure.
The funding will also provide resources to extend Datapao’s training capabilities, helping client organizations upskill staff on cutting-edge AI and data engineering. This will foster broader adoption and effective use of generative AI technologies.
Kori O'Brien, Senior Vice President, Global Partners at Databricks, emphasizes the importance of this investment, stating, "The strategic investment from Databricks and Euroventures will empower Datapao to deliver value to customers faster."
Mate Gulyas, CEO and Founder of Datapao, adds, "The next wave of AI success will come from those who get the foundations right. This investment will allow us to focus on building modern data platforms and upskilling teams to run generative AI."
Euroventures, which has been investing successfully in enterprise software and data solutions for many years, sees the obvious next step as enterprise data platforms that productionize and make AI a reality beyond the hype.
In summary, the strategic funding boosts Datapao’s ability to implement generative AI through modern data platforms by enhancing technology access, accelerating innovation, and expanding training, which collectively drive growth and AI execution success. Datapao specializes in consulting, implementation, and training for firms, particularly in regulated sectors like finance, manufacturing, and energy.
[1] Euroventures Press Release, "Datapao Secures Strategic Investment from Databricks and Euroventures to Accelerate AI Implementation," [Date], [URL] [2] Databricks Press Release, "Databricks and Euroventures Invest in Datapao to Accelerate AI Adoption," [Date], [URL] [3] Datapao Website, "About Us," [Date], [URL] [4] Datapao Website, "Services," [Date], [URL] [5] Databricks Website, "Partners," [Date], [URL]
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