After almost a year, Bluesky has now announced that they have raised $100 million in Series B funding, in April 2025. It is not known why it took so long for this announcement to be made.
This new investment was led by Bain Capital Crypto, and was joined by a number of other investors, including Bloomberg Beta and True Ventures. This announcement comes after Bluesky recently announced changes to the management of the service.
Sharing further, Bluesky stated that they now have 48 million users, but did not say how many are actively using them. Bluesky offers social sharing services similar to Threads and Leaves, making it easy for users to share opinions and comments. It is also positioned as an alternative to X (formerly Twitter), with a healthier community.
With this high investment fund, perhaps we will see Bluesky continue to be active in marketing and attract more users to their platform.
