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Bluesky's $15M Series A Raise
Bluesky, the decentralized social app, is making waves again with its recent $15 million Series A funding round. With this new boost, Bluesky is poised to enhance its platform and user experience.
Funding Success: Bluesky raised $15 million in Series A, following last year’s $8 million seed round. Led by Blockchain Capital, with participation from Alumni Ventures, True Ventures, SevenX, Darkmode’s Amir Shevat, and Joe Beda (Kubernetes co-creator).
The Decentralization Factor: Bluesky was born out of Jack Dorsey’s vision for an open, decentralized social network. Although Dorsey left the board earlier this year, Bluesky’s mission remains the same.
Focus on Trust & Safety: Plans include the introduction of subscriptions for premium features like high-quality video uploads and profile customizations, without sacrificing user fairness.
New Leadership on Board: Kinjal Shah, General Partner at Blockchain Capital, has joined Bluesky’s board. Her expertise and vision will guide Bluesky’s growth, reinforcing its user-empowered, developer-friendly approach.
By focusing on transparency, user empowerment, and safety, it’s taking a stand as the decentralized social network of the future—one that puts people first.