Marissa Mayer will close her old AI startup, sell assets to her new AI startup

Former Yahoo CEO Marisa Mayor is closing the doors on her consumer software startup Sunshine, and selling the company’s property to her new AI startup, dazzling. The news was Reported by the first wiredWhich cited an email sent to the shareholders of Sunshine.

Dazzle is ready to create an AI individual auxiliary, the report said citing anonymous sources, and said that all the employees of Sunshine will move to the new company.

Investors of almost all Sunshine, including Norway Venture Partners, Felice Partners and SV Angel, have signed the deal, stating that sources said sources said.

Originally established in 2018, Sunshine was first launched with a membership app for contact management, dubbed “Sunshine Contacts”. The product adopted very little due to the concerns of privacy about secrecy, and became very dull. In 2024, service added Event management and photo sharing – With a touch of AI, of course – but with little success. Both apps have been downloaded more than 1,000 times on Google Play Store.)

The company raised about 20 million dollars in 2020, and according to the mayor, was largely nurtured.

Source link

Please follow and like us:
Pin Share

Leave a Reply

Your email address will not be published. Required fields are marked *