Raincode

Brussels, Belgium Founded: 1998 • Age: 28 yrs
Provides compilers and analyzers for migrating legacy code to cloud environments.

About Raincode

Raincode is a company based in Brussels (Belgium) founded in 1998 by Juan Diez Perez and Alain Corchia. It operates as a B2B and SaaS. The company has 40 employees. Raincode offers products and services including COBOL Compiler, Raincode Insight, PL/I Compiler, and JCL zTrieve. Raincode operates in a competitive market with competitors including Axcient, Skytap, N-able, Smarsh and Velostrata, among others.

Key Metrics
  • Annual Revenue
    ₹1.43 Cr

    FY 2022 · 0% YoY

  • Net Profit
    ₹12.4 Lakh

    FY 2022 · 9% margin

  • EBITDA
    ₹14.2 Lakh

    FY 2022 · 10% margin

  • Employee Count
    40

Products & Services of Raincode

Raincode offers a comprehensive portfolio of products and services, including COBOL Compiler, Raincode Insight, PL/I Compiler, and JCL zTrieve.

COBOL Compiler
Compiler Tool

Compiles COBOL code for cloud and .NET environments.

Raincode Insight
Code Analyzer

Analyzes code dependencies for migration strategies.

PL/I Compiler
Compiler Tool

Compiles PL/I code to modern platforms securely.

JCL zTrieve
Job Control Tool

Manages mainframe job control for cloud transitions.

Board of directors of Raincode Labs India Private Limited (Raincode)

Raincode Labs India Private Limited is the primary company behind Raincode. The board of Raincode Labs India Private Limited currently have 3 directors; the longest-serving is Vinutha Shiva Kumar, appointed in 2018. 3 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Vinutha Shiva Kumar
DIN 08049344
Director02 Feb 20188 yrs 8 moRaincode Labs India Private Limited
Fontignie Julien Nicolas Camille
DIN 08069465
Director15 Feb 20188 yrs 7 moRaincode Labs India Private Limited
Darius Blasband Alex
DIN 08203434
Director21 Aug 20188 yrs 1 moRaincode Labs India Private Limited

People of Raincode

2 people are tracked at Raincode (2 in leadership); the tracked headcount is 40.

NameRoleGroup
Juan Diez Perez
Co-FounderLeadership
Alain Corchia
Co-FounderLeadership
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Financials of Raincode

Figures of Raincode Labs India Private Limited, the primary company behind Raincode, for FY 2022. Revenue was ₹1.43 Cr (0% year on year). Net profit was ₹12.4 Lakh (9% margin). EBITDA was ₹14.2 Lakh (10% margin). Revenue has grown at a compounded annual rate of -5% over three years.

  • ₹1.43 CrRevenue · FY 2022 · 0% YoY
  • ₹12.4 LakhNet profit · 9% margin
  • ₹14.2 LakhEBITDA · 10% margin
  • ₹1 LakhPaid-up capital
  • -5%Revenue CAGR, 3 years

Balance sheet, profit and loss, cash flow and ratios of Raincode Labs India Private Limited are on its company page.

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Detailed financial statements for Raincode

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Competitors of Raincode

Raincode operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Axcient, Skytap, N-able, Smarsh and Velostrata, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
axcient.com2006Denver, United States$98.69M148
Cloud-based business continuity and disaster recovery solutions are provided.
skytap.com2006Seattle, United States$127.51M138
Cloud-based environments are delivered for application development and testing.
n-able.com2000Ottawa, Canada––
MSP management solutions are delivered via a cloud-based platform.
smarsh.com2001Portland, United States$6.68M–
Compliance management solutions for financial institutions' communications are provided.
velostrata.com2014Netanya, Israel$31.5M–
Compute and storage are decoupled via software for cloud workloads.
chef.io2008Seattle, United States$130.5M43
Infrastructure automation is provided for application servers and cloud integration.
idrive.com1995Calabasas, United States$3M420
Cloud storage and secure backup solutions are provided.
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Detailed competitors of Raincode

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Web traffic of Raincode

Websites that share an audience with Raincode (raincode.com).

Similar websites

Websites whose visitors overlap most with Raincode. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
uctcorp.com
100%
3.3K#6,477,672View details

Similar companies to Raincode

10 companies that operate in the same segment as Raincode (Big Data & Cloud Infrastructure), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Cloud orchestration solutions are provided for multi-cloud and device applications.
1998Palo Alto, California, United StatesUSD 595.83 MUSD 812.05 M8,861
A cloud-based database-as-a-service platform is provided for application development.
2007New York, New York, United StatesUSD 586.72 MUSD 2.46 B5,560
Cybersecurity and zero trust solutions are delivered for secure networks.
2007San Jose, California, United StatesUSD 148 MUSD 3.35 B2,241
Data, analytics, and AI capabilities are unified in a platform.
2013San Francisco, California, United StatesUSD 24.67 BUSD 15.9 M341
Cloud-based big data warehouse for enterprise data management is provided.
2012Bozeman, Montana, United StatesUSD 1.56 BUSD 3.63 B7,830
AI-powered big data stack solutions are delivered for data management.
2008Palo Alto, California, United StatesUSD 1.04 BUSD 869.26 M1,124
Cloud based integrated application development platform
2011New York, New York, United StatesUSD 173.73 MUSD 901.43 M1,210
Cloud and application performance management platform is provided.
2010New York, New York, United StatesUSD 147.19 MUSD 2.68 B6,500
Provider of cloud and AI based CDN management software
1998Cambridge, Massachusetts, United StatesUSD 61.5 MUSD 4.21 B10,700
Provider of colocation data center services
1998Redwood City, California, United StatesUSD 175 MUSD 9.22 B13,610
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Frequently Asked Questions about Raincode

Raincode was founded in 1998.

Raincode is headquartered in Brussels, Belgium. It is registered at Brussels, Brussels-capital Region, Belgium.

Raincode has 40 employees.

The primary company behind Raincode, Raincode Labs India Private Limited, reported revenue of ₹1.43 Cr for FY 2022, down 0% year on year.

Raincode specializes in compiling and analyzing mainframe code for seamless migration to cloud native platforms, covering languages like COBOL and PLI. They enable incremental, risk-free projects that scale applications without altering original source code. Based in Brussels, Belgium, with offices in São Paulo, Brazil, and Bangalore, India, they serve enterprises seeking cost-effective modernization solutions.

Raincode's top competitors include IDrive, Smarsh and Axcient.

Raincode offers COBOL Compiler, Raincode Insight, PL/I Compiler, and JCL zTrieve.

Raincode operates through Raincode Labs India Private Limited.

The legal entities of Raincode currently have 3 directors, including Vinutha Shiva Kumar, Fontignie Julien Nicolas Camille, Darius Blasband Alex.

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