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Wave

Wave

Wave, formerly known as TheWaveVR, is a company that provides virtual musical performances, previously using virtual reality technology.

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Wave, formerly known as TheWaveVR, is a company that provides virtual musical performances, previously using virtual reality technology. It now offers them via digital streaming. Wave was founded in 2016 by Adam Arrigo, Aaron Lemke, and Finn Staber.

Wave app

Wave's original app, as well as the company's first name, was titled TheWaveVR. The app was accessible through different virtual reality devices, some allowing the user to watch music being performed while others allowed the user to DJ their own set and perform for an audience. Wave performances are immersive and interactive experiences that are performed live. Performers and other attendees are represented by virtual avatars. Past Wave performers have included John Legend, Justin Bieber, Dillon Francis, Lindsey Stirling, and The Weeknd.

In January 2021, Wave announced it would be shutting down its Wave Beta app at the end of March that year. A couple years prior, Wave removed its original focus from VR technology to gaming and livestreaming after realizing the VR industry was not yet far enough along in terms of audience popularity. They continued to host the app to allow its community creations to stay active. The app shutdown was prompted by the shutdown of Google's Poly, a website for uploading and downloading 3D objects to use in augmented and virtual reality applications, which Wave's app was built on. Wave said in a statement about the shutdown that the company would make an effort to eventually release a more evolved app.

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References

wavexr.com
Is a
Company
Company
Organization
Organization

Company attributes

Industry
Augmented reality
Augmented reality
Virtual reality
Virtual reality
Location
Los Angeles
Los Angeles
B2X
B2C
B2C
CEO
Adam Arrigo
Adam Arrigo
Founder
Aaron Lemke
Aaron Lemke
Finn Staber
Finn Staber
Adam Arrigo
Adam Arrigo
Pitchbook URL
pitchbook.com/profiles...163685-98
Legal Name
WaveVR, Inc.
Accelerator
Boost VC
Boost VC
Number of Employees (Ranges)
51 – 200
Full Address
3381 Robertson Place Los Angeles, CA 90034 United States
Investors
Maveron
Maveron
Joe Kraus
Joe Kraus
Luma Launch
Luma Launch
Raised In Space
Raised In Space
-1
KPCB Edge
KPCB Edge
Portage Ventures
Portage Ventures
-1
Upfront Ventures
Upfront Ventures
RRE Ventures
RRE Ventures
...
Founded Date
2016
Email Address
info@wavexr.com
Phone Number
+15122655287
Total Funding Amount (USD)
42,500,000
Latest Funding Round Date
May 3, 2021
Competitors
NOYS VR
NOYS VR
Mbryonic
Mbryonic
NextVR (Virtual Reality)
NextVR (Virtual Reality)
Ottr Finance
Ottr Finance
LiveOne, Inc.
LiveOne, Inc.
MelodyVR
MelodyVR
Redpill VR
Redpill VR
Moment House
Moment House
...
Business Model
Commerce
Board of Directors
Will Porteous
Will Porteous
Phil Sanderson
Phil Sanderson
David Wu (board member)
David Wu (board member)
CTO
Matt Shaw
Matt Shaw
Also Known As
TheWaveVR
Latest Funding Type
Private equity
Private equity
COO
Jarred Kennedy
Jarred Kennedy

Other attributes

Company Operating Status
Active

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