Raincode, founded in 1998, is a technology innovator from Belgium, operating within the Information Technology and Robotics industries. The company is recognized for its slogan, "Mainframe to Cloud Native", signifying its prowess in transitioning legacy systems to modern platforms. As mainframes become obsolescent, Raincode provides a crucial bridge with its proprietary ASM370, COBOL, and PL/I compilers, facilitating seamless migrations to .NET, Azure, and LINUX.
The company's innovative compilers allow organizations with historical reliance on older languages to modernize their applications efficiently, transitioning to development within C# and utilizing Visual Studio. This strength has earned Raincode two prestigious Microsoft Technological Achievement Awards.
Despite having no recent investment rounds, Raincode stands as a compelling prospect for investors seeking to capitalize on IT modernization trends, especially those aiming to reduce mainframe dependency and enhance cloud adoption.