According to information from Next INpact, very involved in this file, the investment fund Jezby Ventures – created by the founder of OVH Octave Klaba – would be strongly interested in the idea of buying Blade, the editor of Shadow.
A pioneer in the field and famous for its cloud gaming and shadow computing service, the French company Blade * is going through a difficult period. Early March, Next INpact We learned that significant financial difficulties hit the company, which was then looking for a buyer to continue its activities. The Commercial Court was even seized.
Still according to the same media, an investor “Solid”, to use the terms used, would arouse a certain interest in the idea of buying the publisher. Said investor is none other than Jezby Ventures, the investment fund belonging to Octave Klaba, founder and CEO of OVHcloud.
On the file for two months
The person concerned would in fact follow the file for two months now, following a failed fundraising by Blade at the end of 2020. If the acquisition is successful, Octave Klaba intends to continue Shadow’s activities and especially to preserve the teams. But it also and above all wants to offer a European alternative to Office 365 and G Suite services.
Always according to Next Impact, a trade-in offer was even put online, ” with a Deadline for Ores Deposits (DLDO) set for March 19», We can read. The published document also provides valuable information on the number of employees and the state of health of the company.
138 employees in France
Blade now has 138 employees in France and 25 abroad, for a total of 97,000 customers (end of 2020) and a turnover of 17 million euros clearly insufficient to move forward in good conditions. According toNext INpact, it would take between 30 and 35 million euros of investment to revitalize everything. Now we just have to wait for the court’s decision.
* Ulrich Rozier, co-founder of Humanoid, the publisher of Frandroid, is a minority investor in Blade. The editorial staff’s opinion remains neutral and is therefore not influenced.