Categories: Crypto

Bluesky discloses $100 million Series B as user growth tops 43 million


Bluesky has disclosed a previously unannounced $100 million Series B round led by Bain Capital Crypto, a raise that was closed in April 2025 and is only being revealed now as the company enters a leadership transition.

The round included Alumni Ventures, True Ventures, Anthos Capital, Bloomberg Beta, and the Knight Foundation. It follows Bluesky’s $15 million Series A in October 2024 and an $8 million seed round in 2023, bringing total disclosed funding to roughly $123 million. Bluesky did not disclose an updated valuation.

The funding was announced about a week after Jay Graber said she would step down as CEO and move into the role of chief innovation officer, with Toni Schneider taking over as interim chief executive while the board searches for a permanent replacement.

Since its Series A, Bluesky said its user base has climbed from 13 million to more than 43 million. The company also said the AT Protocol now supports an expanding network of apps beyond the main Bluesky client, including products such as Skylight, Flashes, Surf, and Blacksky.

Disclosure: This article was edited by Estefano Gomez. For more information on how we create and review content, see our Editorial Policy.



Source link

Adam Forsyth

Share
Published by
Adam Forsyth

Recent Posts

What happened at Nvidia GTC: NemoClaw, Robot Olaf, and a $1 trillion bet

CEO Jensen Huang took the stage at Nvidia’s GTC conference this week in his signature leather jacket to…

3 minutes ago

Kalshi Hits $22 Billion Valuation as $1 Billion Capital Injection Defies Regulatory Heat

Kalshi has raised over $1 billion, increasing its valuation to $22 billion in just three…

5 minutes ago

CLARITY Act May Move as Stablecoin Yield Deal Emerges

A tentative agreement on stablecoin yield may help restart progress on the CLARITY Act in…

54 minutes ago

Nvidia GTC 2026: 5 Biggest Takeaways From Jensen Huang’s Biggest Show Yet

Nvidia GTC 2026 revealed agentic AI, desk supercomputers, and space-based computing, signaling a major shift…

1 hour ago

BTS The Comeback Live | Arirang: How to watch, start time, livestream details

Haven't you heard? BTS' long-awaited return is here. After spending close to four years fulfilling…

2 hours ago

BTQ Launches Quantum-Resistant Bitcoin Testnet With BIP 360

BTQ Technologies has launched the first working implementation of BIP 360 on its Bitcoin Quantum…

2 hours ago