There's a problem with most really usable iPad stands: they're too big to be portable. Sure, you could always use an iPad case that doubles as a stand, but it many situations that ends up being somewhat of a compromise. The team at Rain Design put their formidable minds to work on the problem...
We haven't seen much out of Rain Design in the past few years. The iRest won Macworld Best of Show in 2011, but there was nothing new new at Macworld in 2012. Later in the year, the company rolled out the mTower, a stand that looks like it was designed to compete against TwelveSouth's BookArc...
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