Sun, consumer The startup AI founded by the former CEO of Yahoo Marissa Mayer in 2018, saw brighter days.
The petite startup closes and its assets are sold to a recent unit registered by Mayer, called Dazzle, according to the Wired. Mayer sent E -Mail to SUNSHINE shareholders on September 17, informing them that Dazzle officially registered and is ready to acquire Sunshine farms.
The agreement requires the approved shareholders, including co -founder of Sunshine Enrique Muñoz Torres, Norwest Venture Partners, Feliciis Partners, SV Angel Rona Conway, Archetypal Agency PR. According to sources similar to the situation, 99 percent of shareholders from Sunday afternoon. Sam Mayer is the largest shareholder and investor of the company.
E -Mail did not explain what Dazzle’s goal will be, but the sources inform Wired that Mayer is looking at the recent kind of personal AI assistant. Sources say that about 15 Sunshine employees expect to find recent roles in Dazzle.
“After careful consideration, the management of Sunshine and 99.99% of his shareholders determined that the strongest path for the company was the sale of Dazzle AI, a new company already registered and with committed financing,” said Mayer through the spokesman. “As the largest investor, shareholder and general director of Sunshine, Marissa is proud of what the band built and he can’t wait to transfer this rush to new possibilities around Dazzle.”
Mayer founded Sunshine, originally called Lumi Labs, in 2018 after her five -year attempt to return in Yahoo. Before becoming the General Director of Yahoo, Mayer had a multi -story career on Google, where she was employee No. 20. Mayer designed the Google search interface and helped develop Google and Google AdWords maps.
The idea for the first Sunshine product, the application management application, resulted from Mayer’s own experience, which uses its deep luminaria network from the Silicon Valley when she tried to start her company. This application, Sunshine Contacts, launched in 2020. At this point, the startup collected $ 20 million in financing Venture Capital, in addition to the personal contributions of Mayer.
At the beginning of the application, Sunshine was harassed by complaints that it potentially violated the privacy of users. The application that used artificial intelligence to identify and integrating the duplication of people on the phone list was also Attracting information from the white side To automatically add home addresses to contacts.
In 2024, Sunshine launched an application for sharing photos called Shine. Like Sunshine’s contacts, Shine was widely seen as a flop.