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BitTorrent Inc. Changed Its Name to Rainberry

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BitTorrent Inc. Changed Its Name to Rainberry

Postby MrFredPFL » Sat May 12, 2018 2:56 pm

Story : https://torrentfreak.com/bittorrent-inc-changed-its-name-to-rainberry-180512/





BitTorrent is without a doubt one of the more recognizable technology brands of the century. It, therefore, comes a surprise that BitTorrent Inc. has changed its name to Rainberry. According to the company, it's strictly a "corporate decision," but a more detailed motivation is lacking.

Founded by BitTorrent inventor Bram Cohen, BitTorrent Inc. is best known for its torrent client uTorrent, from which it made millions over the years.

Unlike most file-sharing startups the company was well funded from the start. Venture capital firm Accel was one of the early investors, in a fund that also included Facebook and Dropbox.

However, over the past decade, BitTorrent Inc. didn’t transform into a multi-billion dollar business. The company tried various new products, services, and business models, but none surpassed the early success it had with uTorrent.





wtf

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