# Bluesky raises $100M Series B as Jay Graber steps down and new CEO takes charge

_Monday, March 23, 2026 at 12:02 AM EDT · Startups · Latest · Tier 2 — Notable_

![Bluesky raises $100M Series B as Jay Graber steps down and new CEO takes charge — Primary](https://img-cdn.tnwcdn.com/image/tnw-blurple?filter_last=1&fit=1280%2C640&url=https%3A%2F%2Fcdn0.tnwcdn.com%2Fwp-content%2Fblogs.dir%2F1%2Ffiles%2F2026%2F03%2FBluesky-raises-100M-Series-B-.png&signature=541ecb327a60e66045e661f8811769a1)

Bluesky raised $100 million in a Series B as co-founder Jay Graber stepped down and a new CEO took charge, The Next Web reported. The decentralized social network has grown rapidly as users migrate from X.

Graber will transition to a board role. The funding comes as Bluesky approaches 30 million registered users.

The company seeks to build a sustainable business model around its AT Protocol, which allows users to move their data between compatible social networks.

## Sources

- [The Next Web](https://thenextweb.com/news/bluesky-raises-100m-series-b-as-new-ceo-takes-charge)

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Retrieved: 2026-05-10T00:30:27.197Z
Publisher: Tech & Business (techandbusiness.org)