Fundraising Fox

Rainway

Defunct

Atlanta, US · Founded 2017 · Delaware corporation · 2 employees on LinkedIn · 4 known investors

6over3 Institute is developing "Personal Intelligence" technology aimed at augmenting human capabilities. The company operates from Tokyo and New York City.

Also known as Rainway Gaming · Rainway Inc.

Founders & leadership

Rainway was founded in 2017 by Andrew Sampson and Evan Banyash.

AS
Andrew SampsoninCo-founder
EBEvan Banyash
Evan BanyashinCo-founder

Investors · 4

Also in the syndicate · 1

Bill Mooney

Reported raises · per SEC filings

Form D private placements

$5M disclosed across 3 rounds · 2017–2019

$3.5MraisedAug 2019 · 6 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Phil BradyDirector
  • Andrew SampsonExecutive Officer, Director, Promoter
  • Evan BanyashExecutive Officer, Director, Promoter
Offering amount
$3.5M
Amount sold
$3.5M
First sale
Aug 2019
Incorporated
Corporation, Delaware, 2017
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$1.5MraisedAug 2018 · 3 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Evan BanyashExecutive Officer, Director, Promoter
  • Andrew SampsonExecutive Officer, Director, Promoter
  • Phil BradyDirector
Offering amount
$1.5M
Amount sold
$1.5M
First sale
Jul 2018
Incorporated
Corporation, Delaware, 2017
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$20KraisedJan 2018 · 1 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Andrew SampsonExecutive Officer, Director, Promoter
  • Evan BanyashExecutive Officer, Director, Promoter
Offering amount
$120K
Amount sold
$20K
First sale
Dec 2017
Incorporated
Corporation, Delaware, 2017
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Company profile

researched Aug 2026

Rainway was a real-time interactive streaming company founded in 2017 in Atlanta and later headquartered in Seattle. Its first product was a remote-desktop-based video game streaming service for Microsoft Windows that let users stream locally installed applications and games from a Windows PC to other devices over a local network or the internet. The client ran in modern web browsers and on iOS and Android phones, with a short-lived Xbox One client; the service worked with games purchased from Steam, Origin, Battle.net, itch.io, GOG.com and Uplay. The iOS app was restricted to local-network streaming because of Apple's policies toward game streaming.

The company later productized the underlying technology as the Rainway SDK, a beta developer toolkit for building streamed applications. Host and client devices connect through the Rainway Network and establish a direct peer-to-peer session, with the SDK handling secure connections, low-latency media streaming, adaptation to device capability and network conditions, input processing and web components. Beyond gaming, Rainway marketed the technology for secure thin-client deployments in settings such as hospitals and banks, and began building Rainway App Services and Instant Apps, which host desktop applications in Rainway's data centers so they can be used inside a web browser.

Rainway's streaming technology was also licensed to Microsoft for use in Xbox Cloud Gaming. The company ceased operations, with a shutdown announcement from its founder in October 2022.

Founding story

Co-founders Andrew Sampson and Evan Banyash first built Ulterius, an open-source platform for managing any computer from a web browser. Observing that users were adopting it mainly for video games, and after a conversation at PAX East with a gamer disappointed by a watered-down mobile version of a PC title, they pivoted to game streaming and founded Rainway in 2017. Sampson, who also founded Aurous, had dropped out of high school and taught himself to code after becoming homeless around the 2008 recession.

Business model

Rainway operated a software business built on its own streaming technology. Its original consumer product, later called Rainway Gaming, was free to users, with a premium tier planned as of 2018. The company subsequently packaged the technology as a developer SDK and cloud services (Rainway App Services, Instant Apps), letting developers and organizations embed interactive streaming in their own applications or push desktop applications into Rainway's data center for browser-based use, and partnered with a large platform holder (Microsoft) to license its streaming technology.

The consumer product was offered free with a planned premium tier; later revenue avenues centered on developer-facing SDK and cloud application services and technology licensing to platform partners.

Traction

Rainway grew from an 8-person startup during Techstars Seattle in early 2018 to roughly 15 employees by September 2021, shipped clients across Windows, browsers, iOS, Android and Xbox One between 2018 and 2020, and signed a partnership with Microsoft to supply streaming technology for Xbox Cloud Gaming.

Latest developments

Following the 2021 Microsoft partnership and a strategic shift toward desktop application streaming services, founder Andrew Sampson announced the shutdown of Rainway in October 2022. The company was subsequently listed as out of business as of mid-2025. Public documentation for the Rainway SDK remains available and reflects a beta-stage product supporting Windows-to-browser streaming.

Full profile — market position, technology, go-to-market, geography, history, risks & controversies

Market position

Rainway competed in the cloud and remote game streaming market alongside services such as Google Stadia, GeForce Now, Moonlight, PlayStation Now and Steam Link, and was compared with companies including Vortex, Paperspace, Blacknut and Shadow. Its Microsoft partnership for Xbox Cloud Gaming placed its technology inside a major platform holder's service.

Rainway emphasized a games-first design in which users could sign in and play without configuring IP addresses or ports, and streaming quality that held up on poor connections. Its browser-based client, built to push web APIs to their limits, allowed a single code base to target multiple platforms and to run on locked-down machines such as school and work computers. The SDK's peer-to-peer architecture establishes direct connections between host and client after discovery via the Rainway Network.

Technology

The platform combined a Windows host application with browser and mobile clients, written in C#, JavaScript/React, Dart/Flutter and C++. The SDK is split into a Native Runtime for Windows that captures and streams applications and a Web Runtime that runs in modern browsers to present interactive streams. Devices register as Peers with 63-bit Peer IDs on the Rainway Network, which brokers connection requests and session information before peers communicate directly; API access uses public and secret keys issued through the Rainway Hub.

Go-to-market

The consumer service was distributed free directly to gamers through browser, mobile and console clients and promoted through gaming press and community channels; the company later pursued a developer- and organization-facing motion via an SDK, API keys and a self-serve hub, plus platform partnerships such as the Microsoft/Xbox Cloud Gaming collaboration.

Initially PC gamers wanting to play their existing game libraries on phones, tablets, browsers and consoles; later independent and game developers plus organizations building cloud gaming services or secure thin-client systems, including regulated environments such as hospitals and banks.

Geography

Founded in Atlanta and later based in Seattle, Washington, United States.

History

The company grew out of Ulterius, an open-source remote-computer-management platform created by Andrew Sampson; Rainway was announced in March 2017 on the Ulterius website and drew wider attention in April 2017 with a plan to support the Nintendo Switch. A beta announced at E3 2017 for November 25 slipped to January 20, 2018. The startup joined Techstars Seattle in 2018 and relocated from Atlanta to Seattle. Version 1.0 shipped January 31, 2019; iOS beta followed in September 2019, a peer-to-peer iOS app in December 2019, an Xbox One client in January 2020 (pulled roughly a month later), and an Android app in July 2020. In April 2021 Rainway announced a partnership with Microsoft to bring its streaming technology to Xbox Cloud Gaming, and by late 2021 the company was shifting from gaming toward broader desktop-application streaming services. Founder Andrew Sampson posted a shutdown announcement in October 2022, and by June 2025 the company was described as out of business.

Risks & controversies

The iOS client was limited to local-network streaming because of Apple's stance on game streaming apps, and the Xbox One client was pulled from the Microsoft store roughly a month after its January 2020 release. The company ultimately shut down in October 2022.

Compiled by commissioned research from 8 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
EmployeesSep 202115 people
Total funding raisedAug 2019$3.6M

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Competitors · 4

by search overlap

Companies competing with Rainway for the same Google search keywords, organic and paid, via search-intersection analysis.

Timeline · 11

launches, deals, and filings
Oct 2022
Shutdown announced by founder

Founder Andrew Sampson posted a shutdown announcement on Twitter on October 26, 2022.

source ↗

Apr 2021
Partnership with Microsoft for Xbox Cloud Gaming

Rainway announced a partnership with Microsoft to implement its streaming technology/SDK into Xbox Cloud Gaming. One trade report dates the partnership to November 1, 2020, with coverage in April 2021.

source ↗

Aug 2020
Remote game installation feature added

Rainway added a feature allowing users to remotely install games from different PC launchers.

source ↗

Jul 2020
Android app launched

source ↗

Jan 2020
Xbox One client released and subsequently removed

Rainway released an open beta client for Xbox One consoles in January 2020, allowing users to play PC games on the console; the app was removed from the Xbox store about a month later.

source ↗

Dec 2019
Peer-to-peer game streaming iOS app launched

Rainway launched its peer-to-peer game streaming iOS app, enabling PC games to run on iPods, iPhones and iPads for free.

source ↗

Sep 2019
iOS public beta released

Rainway released a public beta of its iOS app on September 9, 2019; the iOS version was limited to local-network streaming.

source ↗

Jan 2019
Rainway 1.0 released, leaving beta

Version 1.0 of the software launched on January 31, 2019, marking the hardware-agnostic game streaming service's exit from beta.

source ↗

Jan 2019
David Perry and Jon Kimmich join advisory board

David Perry, former CEO of Gaikai, and Jon Kimmich joined Rainway's advisory board in 2019.

source ↗

Jan 2018
Rainway beta launches for Windows and web browsers

The initial beta version of the Rainway game streaming service launched on January 20, 2018, after being delayed from a planned November 25, 2017 release.

source ↗

Jan 2018
Participation in Techstars Seattle accelerator

Rainway, then an 8-person startup, took part in the Techstars Seattle program, with Demo Day scheduled for April 18, 2018. Techstars participated in a seed round in February 2018.

source ↗

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

Legal entities · 1

corporate structure
RainwayDelaware

In the news

Research sources · 8

primary sources listed

8 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Rainway do?
Rainway was a Seattle-based low-latency streaming company whose PC game streaming service and SDK shut down in 2022.
Who founded Rainway?
Rainway was founded by Andrew Sampson, Evan Banyash in 2017.
Who are Rainway's investors?
Rainway's investors include Bullpen Capital, GoAhead Ventures, Madrona Venture Group.
How much funding has Rainway raised?
Rainway has disclosed $5M raised across 3 rounds.
Where is Rainway headquartered?
Rainway is headquartered in Atlanta, US.