philip lelyveld The world of entertainment technology


TheWaveVR is a mesmerizing, trippy take on the future of music festivals

dj-venueTheWaveVR will remind you of drugs even if you’ve never done drugs and will probably also make you want to do drugs.

The virtual reality music app is launching a beta version today on Steam early access that brings you into a world of outlandish visuals and heavy electronic music inside a social arena.

Today, the Austin-based startup is also announcing that it has closed a $4 million seed round led by Upfront Ventures. Other investors in the round include RRE Ventures, KPCB Edge, Greycroft VR Gaming Tracker Fund, Luma Launch, Boost VC and The VR Fund.

I’d question the sustainability of that model if I hadn’t already experienced a concert, but the reality is that this app is going to be something that every worthwhile DJ — in LA or elsewhere — will be playing around with soon and I’m sure it won’t be long before users have their pick up some top artists inside the app. The team is building tools for artists to import tracks that they can play around with onstage.

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