TheWaveVR raises $2.5M from KPCB and others to bring the concert experience into VR
TheWaveVR is about to have one of its biggest tests, hosting a “silent rave” at Los Angeles’s VRLA conference where attendees will sport headphones and headsets and jam to DJs while looking like idiots alongside one another in VR.
TheWaveVR gives users a platform where they can have a communicative relationship with onstage artists in VR, raising a digital lighter in the air or bobbing their head all while the onstage artist reacts accordingly. The experience is particularly suited, at lease early-on, for EDM music, as a large part of the experience involves the crazy digital light shows taking place onstage behind the artist. The whole situation may just be playing out with avatars at the moment but this is just the first step in the future evolution of users transporting themselves into digital live concert experiences.
The six-month-old, Austin-based company just raised $2.5 million in an oversubscribed Seed funding including KPCB Edge, Presence Capital, Rothenberg Ventures, RRE Ventures, The VR Fund, Boost VC, Luma Launch, Seedcamp and angels including Mike Fischer and Joe Kraus.
See the full story here: https://techcrunch.com/2016/08/05/thewavevr-raises-2-5m-from-kpcb-and-others-to-bring-the-concert-experience-into-vr/