We provide code escrow as a legal service, 100%-secure and free for Licensors.
Our Solutions
Source Code Escrow
SaaS Escrow
Escrow Agreements
Verification Services
What is Source Code Escrow?
Source Code Escrow, also called Software Escrow, means to store source code of a depositor and to release it to a beneficiary in case certain event occurs. Software escrow is widely used by companies who developed software to protect their source or by companies who invested in the software companies to protect their investment.
A Company can deliver 42escrow, as trusted party, the source code of a software they developed. 42escrow stores the software securely and releases it to an Investor in certain events. The event could be insolvency of the Company but also any other event agreed on. The Source Code Escrow ensures the developer that his software is secure and the Investor that he will be provided with the software.
What is SaaS Escrow?
SaaS (Service as a Software) imposes certain requirements for Escrow Services. In principle it is similar to a regular Source Code Escrow. Basically, the difference is that SaaS customers do not have direct access to a running copy of the software and, in particular, to its own user data. This leads to the problem that you cannot use the software without the vendors support.
Our Solution is to offer a real-time repository for SaaS Escrow. SaaS Escrow contains source code, data, virtual machines and all other elements required to ensure the viability of a SaaS product. In case the vendor is no longer able to provide its service, you can still use the software and your data will be preserved.
What is an Escrow Agreement?
Escrow Agreements are an essential part of all our Escrow Solutions. The Agreement is to be concluded by the developer, the beneficiary and 42law. The contract contains all necessary provisions about the contracting parties, the event of release and the procedure to be followed upon the occurrence of the event.
What are Verification Services?
Full verification is the only guarantee that a party can actually take on the role of software owner in the event of a release. The investment in the software is meaningfully protected by ensuring that the owner of the software deposits the source code of the software to the extent required.
Conventional type of source code escrow
42escrow solutions
- Time consuming
You had to see a lawyer in person to conclude a contract and hand over materials
- Manual and outdated deposits
Deposits used to be manuel. Manuel deposits are not only time consuming but also mostly outdated when you need it.
- Endless paperwork
You had to work through incomprehensible contracts.
- Incomplete deposits
You never knew what deposit materials you actually received.
- Costly
Due to the long process traditional Escrow Services are expensive.
- Time-efficient
The process we offer is 100% online on a user-friendly platform.
- Automated deposits
Our deposits are automated. The Automation saves time and facilitates the updating.
- Online agreement
We offer online agreements that you can conclude within 5 minutes.
- Verification services
We offer verification services that check the readability, check for viruses and check the functionality.
- Affordable
We offer fair and transparent fees.
42escrow solutions
- Time-efficient
The process we offer is 100% online on a user-friendly platform.
- Automated deposits
Our deposits are automated. The Automation saves time and facilitates the updating.
- Online agreement
We offer online agreements that you can conclude within 5 minutes.
- Verification services
We offer verification services that check the readability, check for viruses and check the functionality.
- Affordable
We offer fair and transparent fees.
How it works – simple 3 step plan
1
Register and provide us with information about you, the beneficiary and the release event.
2
Sign your escrow agreement.
3
Upload your escrow materials.
Our Advantages
- Automated Deposits
Deposits are fully automated and encrypted.
- Convenience
The platform is designed to be uncomplicated and user-friendly.
- Time-saving
Sign up online, no endless paperwork needed.
- Affordable
Fair and transparent fees.
- Quick recoveries
Release procedures are processed quickly.
- End-to-end encryption
Your data is safe at all time.
Who needs Escrow Solutions?
For Software Developers & Licensors
As software developers, your essential need is the security of your source code and the protection of your intellectual property. 42escrow has got you covered in this any many more respects:
- Automated deposits
- Integration with all popular code repositories
- Independent, UK/US-licensed law firm as intermediary
- Multi-beneficiary management
- Guaranteed best prices
For Software Licensees
As the licensee, you have a vital interest in accessing the source code of whatever software your business depends on, if the provider is no longer around. 42escrow covers this risk and ensures your access in clearly defined trigger events. In addition, beneficiaries enjoy a number of supplementary benefits:
- Multi-supplier management
- State-of-the-art legal framework
- Quick recovery
- Beneficiary accounts
Ready to get started?
Start using 42escrow today by booking a demo with one of our requests
