The tech startup that built its reputation on being a voice over-the-phone app for businesses has decided to stop operating its voice over email services.
The company said it will be shuttering its mobile messaging services and other products.
Recode wrote in a blog post that it would continue to operate its voice and video apps.
Recodes founders Matt Jurvetson and Josh Hoehn said in a statement that they would remain focused on building the company.
“We’re not shutting down our technology, we’re not going to shut down our employees,” Jurvettson said.
“Instead, we will be working to create new products and services that will help bring our vision of a great product and service to market.”
Recode had raised $5.6 million in funding from investors including Founders Fund and Andreessen Horowitz.
The tech company is also in talks to buy out the remaining 25% of Recode’s shares in the company, according to the post.
Recoding has about 2 million active users.
The announcement came as a surprise to some Recode staffers, who had expected it.
The blog post did not indicate the exact terms of the deal.
Jurvetzons and Hoehns have said that the founders were considering selling their company to someone else.
They also said they would continue with the company’s other products, including the video-messaging app, Recode.com, and its voice-over-the “cloud” service.
But Jurvettons and Jurvetaons have said they were not considering selling the company to a company that has no financial ties to them.
Jurvottsons and co-founder Matt Jurveson have been involved in several tech companies including Google and LinkedIn.
Jurvettson previously was at LinkedIn.