- Updated: March 20, 2026
- 1 min read
Bluesky Secures $100M Series B Funding to Accelerate Growth and Expand AT Protocol Ecosystem
Bluesky, the decentralized social networking platform built on the AT Protocol, announced a $100 million Series B funding round led by Bain Capital Crypto. The round comes as the company’s CEO transitions to a new role, handing over day‑to‑day operations to a newly appointed chief operating officer.
The fresh capital will support Bluesky’s rapid user growth—now exceeding 43 million active users—and enable the expansion of its ecosystem of third‑party applications. With the funding, Bluesky plans to scale its engineering and product teams, enhance the AT Protocol’s developer tools, and roll out new features aimed at improving user experience and content moderation.
Investors highlighted the platform’s potential to reshape social media by offering greater user control over data and identity. The Series B round also underscores growing confidence in Web3‑enabled social networks.
Read the original story on TechCrunch.
Explore more about emerging tech trends on our site: Ubos Tech News and Ubos Tech Blog.
Andrii Bidochko
CTO UBOS
Andrii Bidochko is an AI entrepreneur and researcher focused on AI agents, reinforcement learning, and autonomous systems. He writes about the technologies shaping the future of machine intelligence, from frontier models and agent architectures to real-world AI applications.