Technology Escrow

Leveraging Software / SaaS Escrow: Enabling Technology to Serve as Collateral for Loans

Business critical software has become an integral part of modern business operations, and its value is recognized in various domains. To support innovation and growth, emerging software, SaaS and technology companies often seek financial assistance in the form of loans. However, lending institutions are naturally cautious about collateralizing intangible assets like software or other intellectual […]

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What Are the Most Important Clauses in an Escrow Agreement?

A software escrow agreement is a legally binding contract that outlines the conditions and terms for storing and releasing the source code or other critical materials of a software application to a third-party escrow agent. While the specific clauses included in a software escrow agreement may vary based on the parties involved and their specific

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What Is Automated Escrow?

In 2016 PRAXIS invented Automated Escrow as a way to keep up with the pace of near constant change in source code that occurs in agile software development. Automated software escrow depositing services ensure our clients have more updated software escrow deposits and remove the administrative burden of manually making software escrow deposits. PRAXIS’ clients

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5 Reasons You Should Push Your Potential Software Partners To Use Interactive Prototypes

Choosing a software partner is a big decision for any company, especially those in the SaaS space As a beneficiary, or end-user, who is licensing software from a provider, you will surely want to stay abreast to what is going on with your project. The only way to really know what’s going on throughout the

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The Impact of Agile Development on Software Escrow

Software industry trends such as software-as-a-service (SaaS) and Agile development methodologies have dramatically impacted the software escrow industry and resulted in a reinvention of how the software escrow services are delivered and maintained over time to ensure value. Software escrow agreements are a necessary protection for enterprise software transactions and have been since the late

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