PRAXIS Technology Escrow, LLC

???????? ?????????????? ???? ???????? ???????? ???????????????? ??????????? A leading multi-tenant property owner faced this risk. Their tenant management platform powered lease management, communications, maintenance, and payments—but without a structured escrow strategy, they were exposed to: ? Vendor instability risks ? Potential data loss & compliance violations ? Operational disruptions with no recovery plan They needed more than just backups and SLAs. They needed business continuity. That’s where PRAXIS Technology Escrow stepped in. Our SaaS Escrow with Recovery Environment provided: ? Source Code & Data Escrow – Secure, automated deposits of code and critical data ? AWS Recovery Environment – A live, failover system ensuring immediate access ? Automated Escrow? & Infinite Retention? – Continuous protection with real-time updates The result? Peace of mind, regulatory compliance, and uninterrupted business operations. SaaS providers & beneficiaries: Is your business protected? Let’s talk. #SaaSContinuity #TechEscrow #BusinessContinuity #SoftwareEscrow #PRAXISEscrow

???? ???????? ????????-???????????? ???????? ????????????? ????????’?? ?????? ???? ???????????? ???? ???? ???????????? Open-source software is at the core of many critical business applications. But what happens if a key component is discontinued, modified, or becomes unavailable? Without proper safeguards, companies relying on open-source frameworks—especially with proprietary modifications—could face major operational and compliance risks. Our latest case study explores how a SaaS provider protected its flagship application by placing open-source code into escrow with PRAXIS. The result? Increased customer confidence, compliance with licensing obligations, and the security of long-term business continuity. >> Why should companies escrow open-source code? >> How does escrow work with GPL and other licenses? >> What steps ensure compliance while securing proprietary modifications? Read the full case study to learn how PRAXIS helps companies safeguard their technology while staying compliant. #SoftwareEscrow #SaaSEscrow #OpenSource #BusinessContinuity #TechRiskManagement

???????? ???????????? ??????????????????: ???????? ?????????????? With over 37 years of experience in technology escrow and intellectual property management, John Boruvka is a true leader in the field. As ???????????? ??????????????, ???????????????? ?????????????????????? at PRAXIS, John helps businesses safeguard their critical technology assets, ensuring long-term protection and continuity. Throughout his career, he has played a key role in developing and reviewing ?????????????????? ???? ???????????? ????????????????????, covering software, hardware, and proprietary IP. His deep expertise in ???????? ???????? ????????????????????, ??????????????????, ?????? ???????????????????? ???????????????? has made him a trusted advisor to businesses and legal teams worldwide. John has also been a ?????????????? ???????????? ?????? ?????????????? at industry events across the U.S., Canada, South America, and Europe, sharing his insights on software escrow, IP protection, and business continuity. We’re proud to have John as part of the PRAXIS team! ?? #TeamSpotlight #TechnologyEscrow #IPProtection #BusinessContinuity

Attorneys: Are Your Clients' Software Escrow Strategies Keeping Up with Modern Development? As businesses rely more on SaaS and cloud-based software, traditional escrow strategies may no longer be enough to ensure business continuity. How can you help your clients mitigate risks, protect their technology investments, and ensure access to mission-critical software? Join PRAXIS for a FREE California CLE Webinar: ?? February 20, 2024 ? 2:00 PM ET ?? Modern Software and SaaS Escrow Solutions: Navigating Agile Development and Ensuring Continuous Availability In this session, we’ll cover: ? How SaaS escrow differs from traditional software escrow ? The impact of Agile development on escrow deposits ? Why running recovery environments are critical for minimizing downtime ? The importance of testing escrowed data before a crisis hits Earn 1 CLE credit while learning how modern software escrow strategies can safeguard business continuity in today’s fast-moving digital world. Register at the link below. #CLE #SoftwareEscrow #SaaSEscrow #BusinessContinuity #LegalTech #RiskMitigation

?????? ???? ?????? ???? ?????? ???????? ???????????????? ?????? ???????????????? ???????????? When it comes to protecting mission-critical software and technology assets, the governing law of your escrow agreement matters. Many companies worldwide choose US law for software, SaaS, and source code escrow agreements because of its strong legal framework, predictability, and global credibility. Here’s why: ? Robust IP Protection: US courts uphold escrow agreements and provide clear enforcement of IP rights. ? Legal Predictability: The precedent-based system helps businesses manage risk with confidence. ? Global Recognition: US law is trusted for cross-border agreements and emerging technologies. ? Bankruptcy Protections: Section 365(n) safeguards software access if a vendor fails. At PRAXIS Technology Escrow, we leverage these advantages with Automated Escrow?, Infinite Retention?, and Technical Verification to ensure business continuity and legal protection. #SoftwareEscrow #SaaSEscrow #TechLaw #BusinessContinuity #IntellectualProperty

SaaS Applications Have Changed—Have Your Clients' Escrow Strategies? Traditional software escrow focused on source code deposits. But in today’s cloud-driven world, that’s not enough. SaaS escrow must also account for: ?? Cloud environments and third-party dependencies ?? Frequent updates due to Agile development ?? Running recovery environments to minimize downtime ?? Live, tested data for real-world continuity ?????????????????? ???????????????? ?????????????? ???? ???????????????? ???????????????????? ?????? ???????? ???????????????????? ???????? ???? ???????????????????? ?????????? ???????????????? ????????????. Join PRAXIS for a FREE ???????????????????? ?????? ?????????????? on February 20 at 2 PM ET / 11am PT to explore modern SaaS escrow solutions and how they can help businesses protect their mission-critical software. #SaaSEscrow #CLEWebinar #LegalTech #CloudComputing #SoftwareContinuity #RiskManagement

?????? ?????? ???????????????????? ???????? ???????????? ???????????????? ??????????????????????? Businesses invest significant resources in bespoke solutions like SaaS platforms, proprietary algorithms, and ERP systems. But have you considered what happens if your developer goes out of business or fails to deliver? That’s where software escrow comes in. By securing source code, documentation, and updates in escrow from the start of your project, you: ? Mitigate risks early and protect your investment. ? Encourage developer accountability with transparent, periodic deposits. ? Ensure code quality and completeness with regular reviews and testing. ? Tie payments to escrow milestones for peace of mind. ? Future-proof your software for scalability and transitions. With PRAXIS' Automated Escrow? and Infinite Retention? solutions, you gain confidence that your software is safe, functional, and always up to date. Learn how proactive escrow strategies can safeguard your software’s long-term value in our latest article. #SoftwareEscrow #CustomDevelopment #TechInvestments #RiskMitigation #PRAXISTechnologyEscrow

???????? ??????????: ?????? ?? ???????????????? ?????????????? ?????????????? ?????????????????????? ???? ???????????????????? ???????? ???????????? Managing intellectual property across a growing portfolio of software businesses is no small task. For one multinational software holding company, disparate escrow providers, manual processes, and rising costs were creating inefficiencies and risks. To address these challenges, the company partnered with PRAXIS to consolidate all software and SaaS escrow agreements into one streamlined solution. The Results? ?? ???????????????? ???????????????? & ??????????????????: Centralized IP management and SOC2-compliant processes improved visibility and reduced risks. ?? ?????????????????????? ???????? ??????????????: Consolidation and volume discounts cut escrow-related expenses by 25% annually. ?? ?????????????????????? ????????????????????: Automation reduced deposit times by 50%, freeing up internal resources for strategic initiatives. ?? ???????????? ?????????????????????? ????????????????????????: Tailored solutions strengthened relationships with Depositors and Beneficiaries. With PRAXIS’ Automated Escrow?, Infinite Retention?, and personalized support, the company now scales confidently while safeguarding its critical assets. Are your clients juggling multiple escrow agreements or looking to protect their IP portfolios? PRAXIS offers a proven path to streamlined escrow management. Read the full case study below. #SoftwareEscrow #SaaSEscrow #IntellectualProperty #RiskManagement #ClientSuccess

Join Jabari Groves at the Tech Law Section CLE! PRAXIS Senior Technology Escrow Advisor, Jabari Groves, will be presenting on "Evolving Software Escrow: Risk Mitigation and Business Continuity in the SaaS Era" alongside Jon Farnsworth of Spencer Fane. In this session, attendees will explore: ?? How the shift to SaaS has transformed traditional escrow agreements. ?? Misconceptions about source code escrow and business continuity. ?? Key contractual provisions for attorneys representing manufacturers and customers. ?????????? ????????: Tuesday, January 14, 2025 ????????: 12:00 PM - 1:00 PM CT ?????? ??????????????: 1.0 Standard CLE Credit Don't miss this opportunity to gain valuable insights into modern escrow solutions for the SaaS era! Register by January 12, 2025 #TechLaw #SoftwareEscrow #SaaS #CLE #BusinessContinuity #RiskMitigation

Happy Holidays from all of us at PRAXIS Technology Escrow! ??? As the year wraps up, we want to take a moment to thank our clients, partners, and community for the trust you put in us. Your support and collaboration mean everything to us. Here’s to a joyful holiday season and an exciting new year ahead! Stay safe, stay warm, and we’ll see you in 2025!