Hours before Meta launches its anticipated Instagram competitor, Threads, another Twitter rival — Bluesky — is announcing additional funding and its first paid service. In a blog post on Wednesday, the company shared that it raised seed funds totaling $8 million this summer, when it converted from being a public benefit LLC to a public benefit C Corp. In addition, Bluesky will now offer a paid service that provides custom domains for end users who want to have a unique domain as their handle on the service.
Bluesky’s seed round was led by Neo, a community-led firm with partners like Code.org co-founder Ali Partovi and former Twitter PM Suzanne Xie, the company noted in its announcement. J...
