Bluesky Completes $100M Series B Round, User Base Exceeds 43 Million

icon币界网
Share
AI summary iconSummary
Bluesky has completed a $100 million Series B round led by Alumni Ventures, True Ventures, Anthos Capital, Bloomberg Beta, and the Knight Foundation. The funds will support team expansion and protocol development for the Bluesky app and its AT Protocol. Since its Series A round in 2024, user growth has propelled the platform past 43 million users globally. Ecosystem growth is evident through apps such as Skylight, Flashes, and Flipboard’s Surf. New communities, including Blacksky, are emerging around the protocol.
CoinDesk reports:

After completing the CEO transition, Bluesky announced it has secured $100 million in Series B funding. The company did not disclose its latest valuation but stated that the new capital will be used to expand the team and advance the development of the Bluesky app and the underlying AT Protocol.

Investor lineup expands

This funding round involved multiple institutions, including existing investors Alumni Ventures and True Ventures, as well as Anthos Capital, Bloomberg Beta, and the Knight Foundation. Bluesky’s previous round was a $15 million Series A round completed in 2024, preceded by an $8 million seed round.

User base continues to grow

The company stated that since its Series A round, Bluesky’s global user base has grown from 13 million to over 43 million. The application ecosystem built on the AT Protocol is also expanding, including startup projects like Skylight and Flashes, as well as Surf, an open social app under Flipboard.

Expansion of the open social ecosystem

Bluesky also noted that new communities are emerging around the protocol, such as Blacksky, which is designed for Black users. The company stated that the Atmosphere ecosystem currently contains approximately 20 billion public records, including posts, likes, comments, and other interaction data.

Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.