Blade, the French startup behind cloud gaming service Shadow, has been acquired by Octave Klaba’s fund following a commercial court order. Klaba is better known as the founder of OVHcloud, a French cloud hosting company. He is acquiring Blade (and Shadow) through his investment fund Jezby Ventures – not OVHcloud.
Shadow is a cloud computing service for gamers. People can pay a monthly membership fee and get access to a gaming PC in a data center. You can connect to this PC from your computer, smartphone, tablet or smart TV. You can see a video stream of what is happening on the screen and your tasks are relayed to the server.
Unlike Google Stadia, Amazon Luna or even Nvidia GeForce Now, you can install whatever you want on your server. You get a full Windows 10 example, so it supports anything from Steam to Photoshop and Excel.
While the French startup has raised more than $ 100 million in several funding rounds, the company could not run with pre-orders, generate enough revenue to be self-sustainable and could not have the cash to expand its service . Despite attracting 100,000 paid users, Next Inpact reported that the company had no choice but to go into administration with the commercial court.
Several companies and groups of people submitted takeover bids. In particular, Blade CTO Jean-Baptiste Kempf worked closely with other staff, while Octave Klaba submitted his proposal. Claba plans to retain all employees except Jean-Baptiste Kemp.
Now, it will be interesting to see how the service changes in the coming weeks. Currently membership starts at € 12.99 per month in Europe or $ 11.99 per month in the US, it is unclear whether Shadow will remain available at this price point, how the specifics are going to evolve and if the company attracts new customers Is going to spin up more servers.