Rainberry, Inc.

Rainberry, Inc.
FormerlyBitTorrent, Inc.
Company typePrivate company
IndustryInternet software and services
Founded2004; 20 years ago (2004)
FoundersBram Cohen
Ashwin Navin
HeadquartersSan Francisco, California, United States
Area served
Worldwide
Key people
Products
  • Consumer Freeware
  • Content Delivery
  • Embedded Software
Number of employees
110 (2012)
ParentTRON Foundation
SubsidiariesDLive[2]
Websitewww.rainberry.com

Rainberry, Inc.,[3] formerly known as BitTorrent, Inc., is an American company responsible for μTorrent and BitTorrent Mainline.[4][5] The company was founded on September 22, 2004 by Bram Cohen and Ashwin Navin. It was successful during the Great Recession under the leadership of CEO Eric Klinker. In 2018, the company was acquired by cryptocurrency startup TRON,[6] and Bram Cohen left the company.[7][8] In March 2022, the SEC charged Rainberry with fraud for selling cryptocurrencies Tronix (TRX) and BitTorrent (BTT) as unregistered securities.[9]

  1. ^ "Open Corporates, Filing Notice". Open Corporates. Retrieved May 23, 2022.
  2. ^ Browning, Kellen; Lorenz, Taylor (January 8, 2021). "Pro-Trump Mob Livestreamed Its Rampage, and Made Money Doing It". The New York Times. ISSN 0362-4331. Archived from the original on January 9, 2021. Retrieved January 9, 2021.
  3. ^ "BitTorrent Inc. Changed Its Name to Rainberry - TorrentFreak". TorrentFreak. May 12, 2018. Archived from the original on April 5, 2021. Retrieved December 3, 2018.
  4. ^ Perez, Sarah (May 28, 2015). "Netflix, HBO Streaming Video Traffic Increases As BitTorrent Declines". Techcrunch. AOL Inc. Archived from the original on October 4, 2015. Retrieved September 26, 2015.
  5. ^ "THE INSIDE STORY OF BITTORRENT'S BIZARRE COLLAPSE". Wired. November 1, 2017. Archived from the original on October 23, 2018. Retrieved October 25, 2018.
  6. ^ "BitTorrent Inc. Officially Confirms Acquisition by TRON Foundation * TorrentFreak". Archived from the original on April 14, 2021. Retrieved April 29, 2019.
  7. ^ "BitTorrent Inventor Bram Cohen Leaves BitTorrent Behind". TorrentFreak. August 19, 2018. Archived from the original on November 29, 2020. Retrieved February 15, 2019.
  8. ^ Cohen, Bram (January 21, 2019). "I'm no longer in any way affiliated with BitTorrent and have never been affiliated with Tron or Justin Sun". @bramcohen. Archived from the original on May 4, 2021. Retrieved February 15, 2019.
  9. ^ "BitTorrent owner Rainberry, Justin Sun charged with fraud by SEC". www.bizjournals.com. BayAreaInno. Retrieved March 22, 2023.