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Virtual Concert Startup Wave Raises $30M From Backers Including Scooter Braun, Twitch's Kevin Lin

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Scooter Braun, Alex Rodriguez, Superfly co-founder Rick Farman and Twitch co-founder Kevin Lin.The company will use the investment to go beyond concerts and into the broader entertainment experience space, including gaming and social.

The round also included NTT DOCOMO Ventures, Avex, Superfly Ventures, Convivialite Ventures and Raised in Space. Wave, which has raised $40 million to date, counts RRE Ventures and Upfront Ventures as existing investors. "It’s a privilege to be supported by such distinguished investors like Maveron and Griffin Gaming Partners, who have funded breakout consumer businesses," said Wave co-founder and CEO Adam Arrigo.

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