"After spending the last six years running Sunshine, a photo-sharing and contact-management startup with little success, the storied tech leader has shuttered the company to launch Dazzle, a new startup focused on building the next generation of AI personal assistants. While Mayer is not yet sharing specifics about Dazzle's functionality, she has revealed that the company has raised an $8 million seed round at a $35 million valuation."
"The round was led by Forerunner's Kirsten Green, with participation from Kleiner Perkins, Greycroft, Offline Ventures, Slow Ventures, and Bling Capital. Although Mayer has admitted to investing her own capital in the startup, she emphasized that the round was led by Green, a venture capitalist with a record of identifying iconic consumer brands such as Warby Parker, Chime, and Dollar Shave Club."
Marissa Mayer closed Sunshine, a photo-sharing and contact-management startup, to launch Dazzle, a startup building next-generation AI personal assistants. Dazzle raised an $8 million seed round at a $35 million valuation led by Kirsten Green of Forerunner, with participation from Kleiner Perkins, Greycroft, Offline Ventures, Slow Ventures, and Bling Capital. Mayer contributed personal capital to the round. Prototyping began last summer and the Dazzle project quickly surpassed Sunshine in ambition and opportunity. Forerunner's lead investment signals confidence in consumer-facing AI’s readiness for mainstream products and the potential for significant consumer impact.
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