Bluesky — a decentralized alternative to Twitter, backed by co-founder and former CEO of the social network Jack Dorsey — closed a seed round of funding totaling $8 million.
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It was led by the Neo firm, with participation from a number of investors: Red Hat co-founder Bob Young, Kubernetes developer Joe Beda, Replit founder Amjad Masad, and others.
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The funds will be used to expand the team, cover operating expenses and infrastructure, and to develop the AT Protocol, on which the platform operates.
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Bluesky also announced its first paid feature — a personal domain as a username. To this end, the social network has entered into a partnership with domain registrar Namecheap.
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In March, Bluesky appeared in the App Store for iOS.
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In July, Meta launched its Twitter alternative called Threads. In Elon Musk’s company, threatened to sue Mark Zuckerberg’s corporation.