In early 2017 we had the opportunity to invest in Idan Beck’s vision of social connectivity in an AR/VR enabled world. Idan not only wanted to create an enterprise-grade conferencing system, but also a modern platform to power it, far-outpacing the limited AR/VR focus that engines like Unity and Unreal bring to mixed reality.
I spent years managing teams scattered across the world, spending untold hours in every video conferencing system available. I used Skype for one-on-ones and managed multi-site meetings inside of multi-hundred-thousand-dollar Halo videoconference rooms. I quickly learned that multi-user, multi-site video conferencing, no matter how much you spend to facilitate them, still stink. You can’t see or hear people at that scale. More importantly, you can’t read social cues—how people communicate with their facial expressions, their hands, and their body movements.
This has been the promise of AR/VR conferencing, and this is the reality of Dream. I now conduct weekly meetings using Dream. My wife says I talk like an Italian (with my hands), and with Dream, people really see and understand me, whether I’m talking with one co-worker or with twenty people across three continents. In Dream conferences, connections are more human, dynamic, and responsive.
“Virtual reality holds the key to meaningfully connect people around the world, and actually unlock remote collaboration in a way that currently only in-person meetings can accomplish,” says Idan Beck, Dream Founder and CEO.
Integrating Hardware and Software
Lemnos’s initial investment focus was on hardware companies. If you build hardware, however, you understand that you are really building complex systems that include hardware and software. In 2012, Brad Feld famously said that hardware is software wrapped in plastic. Brad is a strong supporter of hardware startups and was highlighting the strong link between hardware and software when building solutions. Lemnos wholeheartedly agrees that complex solutions require integrating hardware and software. Firmware, full stack on-device platforms, client software, server infrastructure, and data analytics come together to create a modern connected solution.
For some time, Lemnos has been investing in software companies that surround the hardware ecosystem. Dream is a prime example of our commitment to hardware and software coming together to solve real problems. And it is available for free now through the Oculus store.
If you are building software integrated into or surrounding the hardware revolution, please consider us as a partner for your startup!