10Jun/20Off
Maveron, Scooter Braun, Alex Rodriguez invest in $30M round for virtual entertainment startup Wave
Wave partners with music labels, management companies, and independent artists to help host virtual concerts with digital fan avatars.
Wave plans to use the funding to roll out new in-stream experiences and expand into Japan, China, and other countries. The company has put on more than 50 events, with some hosting up to 400,000 people at a time.