Shadow

Paris, France Founded: 2015 • Age: 11 yrs Acquired By Jezby Ventures
Cloud-based game streaming application
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About Shadow

Shadow is a company based in Paris (France) founded in 2015 by Stephane Heliot, Yann Dirson, Asher Kagan Criou, and Emmanuel Freund was acquired by Jezby Ventures in April 2021.. Shadow has raised $90.1 million across 3 funding rounds from investors including Spectrum, Western Digital and Nick Suppipat. Shadow has completed 2 acquisitions, including Genymobile and Genymotion. Shadow offers products and services including Shadow PC, Shadow Drive, and Shadow Game Store. Shadow operates in a competitive market with competitors including Blacknut, Parsec, AccelByte, now.gg and Gamestream, among others.

  • Headquarter Paris, France
  • Founders Stephane Heliot, Yann Dirson, Asher Kagan Criou, Emmanuel Freund
  • Sectors
    Media & Entertainment
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Media & Entertainment → Gaming & Interactive Entertainment
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $90.1 M (USD)

    in 3 rounds

  • Latest Funding Round
    $33 M (USD), Series A

    Oct 30, 2019

  • Investors
    Spectrum

    & 4 more

  • Employee Count
    Employee Count
  • Investments & Acquisitions
    Genymobile

    & 1 more

  • Acquired by
    Jezby Ventures

    (Apr 30, 2021)

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Products & Services of Shadow

Shadow offers a comprehensive portfolio of products and services, including Shadow PC, Shadow Drive, and Shadow Game Store. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Virtual Windows machine for playing AAA games on any device.

Service for file sharing and access on virtual machines.

Catalog of discounted games for Shadow PC subscribers.

People of Shadow
Headcount 200-500
Employee Profiles 39
Employee Profiles
People
Emilien Mantel
Site Reliability Engineer Senior
People
Mike Fischer
CEO
People
Mehdi Amrane
Développeur Web Front-end
People
Cédric Maunoury
Senior SRE

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Funding Insights of Shadow

Shadow has successfully raised a total of $90.1M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $33 million completed in October 2019. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 3
  • Last Round Series A — $33.0M
  • First Round

    (14 Jun 2017)

  • Investors Count 4
Date Amount Transaction Name Valuation Lead Investors Investors
Oct, 2019 Amount Series A - Shadow Valuation Nick Suppipat , Serena
Jun, 2019 Amount Series A - Shadow Valuation Spectrum , Western Digital
Jun, 2017 Amount Series A - Shadow Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Shadow

Shadow has secured backing from 5 investors, including angel, venture fund, and institutional investors. Prominent investors backing the company include Spectrum, Western Digital and Nick Suppipat. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Serena is engaged in venture capital investments for tech startups.
Founded Year Domain Location
Spectrum is recognized as a provider of internet, mobile, TV, and home phone services.
Founded Year Domain Location
Enterprise storage solutions are delivered via AI-based platforms.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Shadow

Shadow has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Genymobile and Genymotion. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Android emulator testing solutions are offered for app development.
2011
Android application testing and deployment solutions are provided by Genymobile.
2010
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Shadow

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Shadow Comparisons

Employees
+
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Competitors of Shadow

Shadow operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Blacknut, Parsec, AccelByte, now.gg and Gamestream, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple games are accessed on-demand via subscription-based cloud gaming.
domain founded_year HQ Location
Cloud gaming and remote working solutions are provided for professionals.
domain founded_year HQ Location
Cloud-based gaming platforms are provided to developers and publishers.
domain founded_year HQ Location
Cloud gaming solutions are provided for mobile game developers.
domain founded_year HQ Location
Platform providing services for cloud gaming
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Shadow

Frequently Asked Questions about Shadow

When was Shadow founded?

Shadow was founded in 2015 and raised its 1st funding round 2 years after it was founded.

Where is Shadow located?

Shadow is headquartered in Paris, France.

Is Shadow a funded company?

Shadow is a funded company, having raised a total of $90.1M across 3 funding rounds to date. The company's 1st funding round was a Series A of $57.1M, raised on Jun 14, 2017.

What does Shadow do?

Shadow was established in 2015 in Paris, France, within the cloud gaming sector. Remote access to games is facilitated on platforms such as Android, iOS, Mac, Linux, and Windows via virtual PC instances in the cloud. Operations center on delivering seamless streaming experiences, with revenue generated through monthly and annual subscription models. The service supports cross-device compatibility for users seeking flexible gaming options.

Who are the top competitors of Shadow?

Shadow's top competitors include Blacknut, Parsec and AccelByte.

What products or services does Shadow offer?

Shadow offers Shadow PC, Shadow Drive, and Shadow Game Store.

How many acquisitions has Shadow made?

Shadow has made 2 acquisitions, including Genymobile, and Genymotion.

Who are Shadow's investors?

Shadow has 5 investors. Key investors include Spectrum, Western Digital, Nick Suppipat, Serena, and Jezby Ventures.

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