Business continuity solutions protecting against legal and financial disasters

Protect your licensee without risking your software

Why do you need online escrow services?

When negotiating a software license, a prudent licensee may ask, โ€œWhat happens if the software vendor goes out of business?โ€ What usually follows is a request to access the source code and any other critical materials used to maintain the software.

Software Escrow Providers

A licensee having access to source code or other confidential materials is a risk to their business. Data Escrow Services:

ย Smoother negotiations

ย Establishes confidence by addressing the concerns of the prospective licensees (those concerns may be unspoken)

ย Safe storage of source code and other materials with one company instead of scattered across multiple customers

Software Graphic Web
Graphic illustrating online escrow services on a computer. | EscrowTech

Licensee

Not having access to the source codeโ€”and materials needed to maintain or update the softwareโ€”is a risk to business. Source Code Escrow Companies Provide:

ย The ability and legal right to maintain, update and enhance mission critical software

ย Reduced chance of significant interruption of, or damage to, its business

ย Eliminate concerns regarding the software vendor’s capabilities

ย Business continuity

Simple Five-Step Process

For both parties, our data escrow services mitigate the inherit risk in software licenses by storing source code and other critical materials with an independent, neutral, third-party escrow agent. This independent and neutral storage is the key in mitigating risk to all parties involved.

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Set the terms of the Software Escrow

During the initial setup of a software escrow, key aspects of the agreement need to be discussed and agreed upon.

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Delivery of source code and materials

As an escrow service provider, EscrowTech makes the submission process easy with multiple submission methods available.
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Source code and materials held, awaiting release conditions to occur

Once the source code and other materials are received, they will be stored in our secure escrow vaultsย awaiting a mutually agreed-upon release condition to occur.ย 
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Continuous updates to the escrow

As new versions of the software are developed, corresponding updates to the escrow occur.

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A release condition occurs - escrow materials are released to the licensee

Once a release condition has occurred, EscrowTech will release the materials to the licensee, following the terms agreed upon in the escrow agreement.

Why EscrowTech is the Right Choice Among Software Escrow Companies

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25 Years of Escrow Service Provider Experience

For over a quarter of a century, EscrowTech has helped thousands of customers all over the world with their software escrow needs.

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Flexible Agreements

When our standard agreements donโ€™t fit your unique situation, our in-house counsel can work with your attorney to customize them.

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Online Escrow Services And Management

Upload source code, view account documents, pay bills, and more, all from the convenience of your web browser.

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State-of-the-art Escrow Vaults

For over a quarter of a century, EscrowTech has securely stored materials for over half of the Fortune 500 at our two secure escrow vaults.

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Two-Site Physical Storage

Source code is securely stored at two separate physical locations. This approach ensures that your source code is never lost, and will always be available in the event of a release.

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Fees Locked for 3 Years

Predictable and fair, with no unpleasant surprises. For more information about fees, please visit our โ€œFeesโ€ page.

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Satisfaction Guarantee

During the first year of your first escrow, if you are dissatisfied for any reason, you may terminate the escrow and receive a full refund of any escrow fees.

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Superior Technical Expertise

We employ our own internal developers, allowing for a higher level of specialized technical capabilities.

Manage your escrow with
RealTime Escrow

Managing an escrow doesn’t have to be an expensive or time consuming process.ย 

ย Submit escrow materials online
ย View status reports for one or multiple accounts online
ย Automatic semi annual status reports
ย View deposit confirmations online
ย Set up new agreements online

Register new licensees online
ย View signed account documents
ย Submit updated contact information
ย View and pay outstanding balances

Screenshot of EscroTech RealTime Escrow dashboard. | EscrowTech
4
{Professional, Valuable and Friendly. We have been client's of EscrowTech for some time and store our code escrow for our products with them. The system is easy to use, the staff is professional...Read More
CCS
4
{EscrowTech is very easy to work with. Have had products in escrow with EscrowTech since 2013 and everything has gone smoothly. Updates to escrow can be done online... Read More
Chuck Krutsinger
5
{Easy to do business with! The process was simple, staff very helpful and knowledgeable!
Paul E. Szemplinski
5
{Easy to manage source code using upload tools.
D Middleton
5
{Great Experience. Very easy to work with, good experience overall.
Jessica
5
{Consistently excellent service and prices for over 13 years. When we first needed software escrow in 2003, we were a new company of less than 5 people, and we had been asked for it by a... Read More
Todd S
5
{Solid experience. Good company to work with. Good price.
Ken
5
{Excellent service so far. We have had several experiences with escrow companies and we think we have a wonderful partner in EscrowTech.
Anthony
5
{Very easy and patient. Top notch to deal with and great communication.
Michael
4
{A bit daunting for first time users but with very friendly people to help. Efficient service at a fair price. Flexible procedures and helpful people to guide you through the process.
Gary
5
{Great service. We have been using EscrowTech for years. Professional staff and always willing to help.
Dan
5
{Easy to work with. I've worked with several escrow companies in the past and EscrowTech made what was a normally complex process easy.
Tricia
5
{EscrowTech is amazing. We went to EscrowTech with a unique situation that required a very customized escrow agreement after being told by several escrow agents that they couldn't provide that service... Read More
Jill
5
{Reasonably Priced. We have worked with Iron Mountain and NCC Group in the past. EscrowTech provides a better service at a more reasonable price...Read More
Robert
5
{Seamless process and very reliable. They are very easy to deal with. They provide status reports on a timely basis. They also have templates for contracts with our customer which was a huge help.
Vincent Candela
5
{Keep up the good work. We have stored our code with EscrowTech for the last couple years. They are always professional and quick to resolve any issue that may come up.
Sam
4
{Good product. Provides service exactly as expected. Interface is reasonable, no problems accessing or managing items.
Mark

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