Overview
- An email to shareholders viewed by WIRED confirms Sunshine is being wound down with its assets sold to Dazzle, a new entity incorporated by Mayer.
- Roughly 99% of shareholders had signed off on the deal as of Sunday, including backers such as Norwest Venture Partners, Felicis Partners, and SV Angel.
- Dazzle is reportedly focused on building an AI personal assistant, with Sunshine’s roughly 15 employees expected to transition to the new company.
- Mayer is Sunshine’s largest investor and shareholder, and a spokesperson said Dazzle is already incorporated with committed funding.
- Sunshine’s earlier apps, including Sunshine Contacts and the 2024 photo service Shine, struggled to gain traction and drew privacy complaints, setting up the restructuring.