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Cloud gaming firm Blade seeking investment after filing for bankruptcy

Blade, the firm that operates cloud gaming service Shadow for PC, hopes to find new investment as it faces bankruptcy in the US and receivership in its home market of France. The company offers Shadow subscribers access to a gaming-specific PC setup hosted on a remote server, enabling them to stream and play games on any device. Blade says it has attracted thousands of subscribers in the past five years, with thousands more. waiting their turn as it struggles to find enough servers to keep up with demand. The business has now suffered a setback, with server provider 2CRSi claiming back money owed by Blade.

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