RAIN (Reliable Array of Independent Nodes) technology was developed at Caltech to provide fault tolerance in distributed systems. It includes three main components: 1) data storage across distributed processors that can retrieve data even if some fail, 2) a redundant communication network between processors, and 3) automatic recovery of applications if a processor fails. RAIN aims to minimize the number of nodes between clients and servers, make nodes more robust and independent, and replace faulty nodes. It provides scalability, high availability, and fault tolerance through techniques like redundant storage and fault monitoring. Potential applications include high availability video and web servers.