Where is Shadow located?

Shadow is headquartered in Paris, France. It is registered at Ādažu nov., Ādaži, Muižas iela 11.

Which legal entities is Shadow associated with?

Shadow is associated with SHADOW and 1 other.

How many employees does Shadow have?

As of Aug 31, 2026, the latest employee count at Shadow is 249.

Is Shadow a funded company?

Shadow is a funded company, having raised a total of $105M across 4 funding rounds to date. The company's 1st funding round was a $***** Angel round.

When was the latest funding round of Shadow?

Shadow's latest funding was a $***** Series A round on Oct 30, 2019, with participation from 2 investors. Its primary sector is Gaming Tech. Globally, the Gaming Tech sector has seen $606M in funding in 2026 to date.

Where does Shadow rank among its competitors?

Shadow ranks 1st amongst 56 active competitors, of which 14 are funded. It stands 1st in terms of total funding among its competitors. The most recent competitor to raise funding was Blacknut, which secured an undisclosed amount in Aug, 2026.

Who are the top competitors of Shadow?

Shadow's top competitors include Blacknut, Parsec and Boosteroid. Among them, Blacknut secured the most recent funding round in August, 2026.

Shadow - 2026 Company Profile, Team, Funding & Competitors

Shadow is an acquired company based in Paris (France), founded in 2015 by Emmanuel Freund, Stephane Heliot, Yann Dirson and Asher Kagan Criou. It operates as a Cloud-based game streaming application. Shadow has raised $105M in funding from investors like Western Digital, Spectrum and Serena. The company has 56 active competitors, including 14 funded and 9 that have exited. Its top competitors include companies like Blacknut, Parsec and Boosteroid.

Company Details

Cloud-based game streaming application. It allows users to access and play games on various devices such as Android, iOS, Mac, Linux, Windows, and more from the cloud-based PC devices. It monetizes through monthly and yearly subscription packages.

Website: shadow.tech
Social
Email ID: *****@shadow.tech
Part Of
Registered Address: Ādažu nov., Ādaži, Muižas iela 11

Key Metrics

Founded Year

2015

Location

Paris, France

Stage

Acquired

Total Funding

$105M in 4 rounds

Latest Funding Round

Series A, Oct 30, 2019, $*****

Investors

Western Digital & 6 more

Ranked

1^st among 56 active competitors

Employee Count

249 as on Aug 31, 2026

Investment & Acquisitions

Genymobile & 1 more

Similar Companies

Blacknut & 91 more

Exit Details

Acquired by Jezby Ventures (Apr 30, 2021)

View Shadow's full profile

Shadow is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
SHADOWS CIN: 984361196 , France, Active	Feb 13, 2024	-	-	-
SHADOW CIN: 40003778902 , Latvia, Active	Oct 31, 2005	€0 - €1M (As on Dec 31, 2024)	1 (As on Dec 31, 2022)	-

Shadow got acquired by Jezby Ventures on Apr 30, 2021.

Click here to take a look at Shadow's acquisition in detail

Shadow has raised a total funding of $105M over 4 rounds. Its latest funding round was a Series A round on Oct 30, 2019 for $*****. 2 investors participated in its latest round. Shadow has 6 institutional investors and 1 angel investor.

Here is the list of recent funding rounds of Shadow:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Oct 30, 2019	2756050	Series A	2838264	1728495	5622361	4028246
2019	3289	Series A	5345	7234	5289	5079
Jun 14, 2017	8447421	Series A	3676893	1852057	7071757	1928857

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View details of Shadow's funding rounds and investors

The founders of Shadow are Emmanuel Freund, Stephane Heliot, Yann Dirson and Asher Kagan Criou.

Here are the details of Shadow's key team members:

Emmanuel Freund: Co-Founder of Shadow and founder of 1 other company.
Stephane Heliot: Co-Founder of Shadow.
Yann Dirson: Co-Founder of Shadow.
Asher Kagan Criou: Co-Founder of Shadow.

View details of Shadow's Founder profiles and Board Members

Shadow's employee count trend

Shadow has 249 employees as of Aug 26. Here is Shadow's employee count trend over the years:

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Top competitors of Shadow include Blacknut, Parsec and Boosteroid. Here is the list of Top 10 competitors of Shadow, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Shadow 2015, Paris (France), Acquired	Cloud-based game streaming application	$105M	Serena, Western Digital & 5 others	65/100
2nd	Blacknut 2016, Rennes (France), Series A	Subscription-based cloud gaming platform	$2.54M	Nestadio Capital, GO CAPITAL & 2 others	60/100
3rd	Parsec 2016, Park City (United States), Acquired	Cloud gaming and remote working solutions provider	$33M	Andreessen Horowitz, Lerer Hippeau & 4 others	57/100
4th	Boosteroid 2016, Kyiv (Ukraine), Unfunded	Provider of cloud gaming platform	-	-	57/100
5th	Playkey 2012, Moscow (Russia), Acquired	Cloud gaming technology provider	$4.2M	IIDF, DARZ & 3 others	47/100
6th	Rainway 2002, Seattle (United States), Deadpooled	Cloud-based gameplay and game streaming services provider	$5.18M	Bullpen Capital, Techstars & 3 others	45/100
7th	Gaikai 2008, Aliso Viejo (United States), Acquired	Cloud gaming technology provider	$45M	New Enterprise Associates, Qualcomm Ventures ... & 7 others	44/100
8th	LiquidSky 2014, New York City (United States), Series A	Cloud-gaming service	$5.33M	Samsung NEXT, Brand Building Ventures & 2 others	43/100
9th	Nianli 2019, Chaoyang (China), Series A	Provider of mobile-based cloud gaming technology based on hybrid multi-cloud	$8M	Lilith Games, 5Y Capital	43/100
10th	LEET 2014, Los Altos (United States), Unfunded	Provider of online services that has officially ceased business operations	-	-	41/100