Professional Software and SaaS Escrow Services in Canada
These Business Protect Their Assets with PRAXIS
Why Choose PRAXIS Technology Escrow?
Canadian Law Escrow Agreements
We provide escrow agreements that are fully compliant with Canadian laws, ensuring all parties are protected under the specific legal framework of Canada. By adhering to Canadian regulations, we offer peace of mind that your intellectual property is safeguarded according to local legal standards.
Canadian-Based Digital Storage
PRAXIS Technology Escrow offers digital storage solutions that are exclusively based in Canada. Our secure, state-of-the-art storage facilities are located within Canadian borders, guaranteeing that your sensitive data and source code remain within the jurisdiction and protection of Canadian law. This also ensures your intellectual property is not subject to foreign legislation, such as the Patriot Act in the United States.
IP Protection Aligned with Canadian Concerns
We understand that your IP is a vital asset, and concerns over the Patriot Act and other international laws are legitimate. At PRAXIS Technology Escrow, we commit that your intellectual property will never leave Canada. Our Canadian-only data storage solutions ensure that your proprietary code and business-critical software are protected from foreign government access or data retrieval demands.
Automated Escrow Depositing
At PRAXIS Technology Escrow, our Automated Escrow service streamlines the entire escrow process, providing a seamless, hassle-free solution for protecting your software and SaaS applications. By integrating directly with platforms like GitHub and Bitbucket, our automated system ensures that your critical source code and development materials are securely deposited in real-time, without any manual intervention. This not only simplifies compliance and safeguards your intellectual property but also delivers significant cost savings by reducing the administrative overhead and eliminating the risk of human error. With PRAXIS’ Automated Escrow, you benefit from a faster, more reliable, and cost-effective way to protect your business-critical assets.
SOC2 Compliance
At PRAXIS we are proud to be one of the few software and SaaS escrow agents that is SOC2 compliant, ensuring the highest standards of data security, confidentiality, and operational excellence. Our SOC2 compliance demonstrates our commitment to safeguarding your sensitive information by adhering to rigorous controls that protect against unauthorized access and data breaches. By choosing PRAXIS, you partner with an escrow agent that meets the stringent requirements for data integrity and privacy, providing you with peace of mind that your intellectual property is in safe hands. Our compliance not only protects your business but also strengthens trust with your customers and stakeholders, setting us apart as a leader in the escrow industry.
What Services Does PRAXIS Offer?
Our software escrow services provide a critical safety net for both software vendors and licensees. In the event of unforeseen circumstances—such as bankruptcy, mergers, or discontinuation of services—our escrow agreements ensure that your software source code is securely released to the rightful party, ensuring business continuity and protecting your interests.
For businesses developing or using customized software, our code escrow services offer a proactive approach to risk management. By placing your source code in escrow with PRAXIS, you guarantee access to the necessary code and documentation to maintain, update, or replace your software applications, should the need arise.
As the SaaS model continues to grow, so do concerns about vendor stability and service continuity. Our SaaS escrow solutions ensure that your critical SaaS applications remain accessible and operational, even if the SaaS provider is unable to fulfill their obligations. We safeguard your business by maintaining a current and comprehensive escrow deposit of the SaaS application’s code, data, and other essential materials.
For SaaS applications, downtime is not an option. We offer tailored recovery environments to ensure business continuity, enabling swift access and deployment of escrowed materials. Our environments are designed to replicate your SaaS infrastructure, allowing for rapid recovery and minimal downtime in case of provider failure or disruption.
PRAXIS Technology Escrow also provides software testing services to validate the completeness and usability of escrow deposits. By verifying the integrity of the deposited materials, we ensure that you can trust what’s in escrow, whether it’s for compliance, recovery, or business continuity purposes.
Benefits of Working with PRAXIS
Local Expertise, Global Standards: We combine local Canadian expertise with global standards in software and SaaS escrow, ensuring your IP is protected while meeting international best practices.
100% Canadian-Based Storage: Our commitment to using only Canadian-based digital storage facilities means your data never leaves the country.
Customized Escrow Solutions: Whether you need a simple code escrow or a fully managed SaaS recovery environment, we provide tailored solutions to fit your business needs.
Enhanced Trust and Transparency: By choosing PRAXIS, you demonstrate a commitment to transparency and reliability, strengthening trust with your stakeholders and customers.
Optimize Your Intellectual Property Protection with PRAXIS Technology Escrow
Don’t leave your business-critical software or SaaS applications at risk. Secure your future with our comprehensive software escrow, code escrow, and SaaS escrow services designed for the Canadian market. Contact us today to learn more about our Canadian law escrow agreements and Canadian-based digital storage solutions.
Get all your questions answered or get started today.
Call us at 800-213-9802 or complete the form below.