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Stock impact report

Marissa Mayer's new startup Dazzle raises $8M led by Forerunner's Kirsten Green [TechCrunch]

Warby Parker Inc. (WRBY) 
Company Research Source: TechCrunch
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. Green's investment suggests Dazzle is poised for the coming wave of new AI-infused consumer businesses. The founder of Forerunner Ventures previously told T Show less Read more
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