"Former Yahoo CEO Marissa Meyer is closing the doors on her consumer software startup Sunshine, and is selling the company's assets to her new AI startup, Dazzle. The news was first reported by Wired, which cited an email sent to Sunshine's shareholders. Dazzle is setting out to build an AI personal assistant, the report cited anonymous sources as saying, and added that all of Sunshine's employees will move to the new company."
"Almost all of Sunshine's investors, who include Norwest Venture Partners, Felicis Partners, and SV Angel, have signed off on the deal, Wired cited the sources as saying. Originally founded in 2018, Sunshine first launched with a subscription app for contact management, dubbed "Sunshine Contacts." That product saw little adoption due to privacy concerns about privacy, and pretty much languished. In 2024, the service added event management and photo sharing - with a touch of AI, of course - but with little success."
Marissa Meyer is closing her consumer software startup Sunshine and selling the company's assets to her new AI startup Dazzle. Dazzle intends to build an AI personal assistant and will absorb all of Sunshine's employees. Almost all of Sunshine's investors, including Norwest Venture Partners, Felicis Partners, and SV Angel, have approved the transaction. Sunshine launched in 2018 with a subscription contact-management app called "Sunshine Contacts," which suffered low adoption amid privacy concerns. The company added event management and AI-driven photo sharing in 2024 with limited uptake. Sunshine raised about $20 million in 2020 and was largely self-funded.
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