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Abacus.ai snags $50M Series C as it expands into computer vision use cases

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Abacus.ai wants to build an AI platform that simplifies machine learning model creation, while still leaving room for power users. Today the company announced a $50 million Series C. At the same time, it announced that the platform was expanding to include computer vision use cases.
Tiger Global led the round with participation from Coatue, Index Ventures and Alkeon Capital. With today’s investment, the company says that it has raised over $90 million in under 30 months. The most recent funding prior to this was the company’s $22 million Series A last November.
Abacus co-founder and CEO Bindu Reddy, whose background includes stints at Google and AWS, says the company is trying to create a complete AI platform. “We have this end-to-end AI/ML platform where the unique thing i …

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