Bluesky Raises $100M Series B Funding Round

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Bluesky, a decentralized social networking platform, has announced a successful $100 million Series B funding round. This comes after a recent change in CEO. The funding round was led by Bain Capital Crypto, with participation from Alumni Ventures, True Ventures, Anthos Capital, Bloomberg Beta, Knight Foundation, Blockchain Capital, and Neo. The investment will likely be used to scale the platform and further develop its features.