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Why SaaS Escrow, Software Escrow, and Code Escrow Often Outperform Other Protection Methods In technology transactions—especially SaaS escrow, software escrow, code escrow, and technology escrow agreements—attorneys are responsible for ensuring their clients have the right protections in place if a critical technology vendor fails to perform. While there are multiple risk mitigation strategies available, few […]
The 8 Essential Questions Every Software or SaaS Company Should Ask Before Choosing an Escrow Vendor
If you’re delivering software or SaaS to enterprise clients, escrow is no longer just a “check-the-box” requirement—it’s a competitive advantage. Done right, it helps you protect your intellectual property, close more deals, reduce liability, and dramatically lower internal overhead. But not all escrow vendors are built for modern software development. This guide outlines the 8 […]
In a recent Morningstar/Accesswire article, a lawsuit challenging the 2024 election in Rockland County, New York, has put election software under scrutiny. The plaintiff is requesting detailed voting machine data to validate accuracy and transparency in the result reporting What’s the Current Issue? With election integrity being a top concern, the lawsuit highlights how critical […]
While law firms are often trusted advisors in matters of contract law, intellectual property, and technology transactions, they are not well-equipped to serve as software escrow agents. Software escrow is a complex service that requires a blend of legal, technical, operational, and cybersecurity capabilities—competencies that most law firms simply do not possess. Using a law […]
What is SaaS Escrow? SaaS escrow is like a safety net for your business. When a company uses software that lives in the cloud (called SaaS, or Software as a Service), they depend on the software company to keep everything running. But what happens if that company goes out of business, gets bought, or just […]
The recent move by the Commission on Elections (Comelec) in the Philippines to deposit the Final Trusted Build Source Codes for the 2025 elections with the Bangko Sentral ng Pilipinas (BSP) shows a strong commitment to transparency and election software integrity. In an era of digital trust and cybersecurity risks, documenting the status of election […]
Download the Case Study Below: Background A mid-sized speech recognition software company, VoiceTech Solutions (a fictitious name for privacy reasons), developed AI-driven voice recognition solutions used by healthcare providers, call centers, and enterprise businesses. Despite its innovative technology, the company faced financial difficulties due to increased competition and a costly legal dispute. In an effort […]
When investing in a business-critical software application—whether it’s a custom-built solution or a customized software or SaaS platform—it’s tempting to focus solely on functionality and go-live dates. However, protecting your investment with a software escrow agreement from day one is equally important. Many software beneficiaries (end users, licensees, or investors) mistakenly assume that an escrow […]
Download the Case Study Below: Disclaimer: This case study is based on actual events; however, the names and specific details have been altered to protect the privacy of the companies involved. Overview A mid-sized remote water metering technology company, AquaFlow Technologies, was required to participate in a technical verification process as part of its software […]
Download the Case Study A leading multi-tenant property owner relies on a SaaS application to provide a comprehensive tenant management software portal. The company needs assurance that in the event of vendor failure, business operations continue uninterrupted. PRAXIS Technology Escrow provides a comprehensive SaaS escrow solution, including source code escrow, data escrow, and a Recovery […]
Introduction Open-source software forms the backbone of many modern applications and business-critical systems. While open-source licenses grant freedoms to use, modify, and distribute code, relying solely on open-source components without additional safeguards can expose companies to risks such as discontinuation, lack of updates, or loss of critical modifications. By placing open-source code into escrow with […]
When it comes to safeguarding critical software and technology assets through escrow agreements, the governing law can make a significant difference in ensuring robust protection and enforceability. Companies worldwide are increasingly choosing to have their escrow agreements governed by US law, given its reliability, clarity, and global reputation. This blog explores the top reasons why […]
In today’s digital age, businesses increasingly rely on custom software solutions to stay competitive and efficient. Whether it’s a specialized SaaS platform, proprietary algorithms, or a custom ERP system, the investment in bespoke development can be substantial. However, one critical aspect often overlooked is how to safeguard that investment: placing the source code, related documentation, […]
Download the Case Study here. Background A rapidly growing, multinational software holding company manages a diverse portfolio of software and SaaS businesses across multiple industries. With a primary focus on intellectual property (IP) as their most valuable asset, the company had been using disparate escrow providers and processes for each of their subsidiaries, resulting in […]
At PRAXIS Technology Escrow, we understand the critical importance of maintaining a comprehensive and secure record of your software and SaaS assets. Our Infinite Retention policy ensures that every version of your source code and other critical intellectual property is preserved indefinitely, providing unparalleled protection and peace of mind. How It Works With our Automated […]