Registrasoft offers a software escrow service that protects intellectual property and ensures business continuity for software licensors and licensees. By acting as a neutral custodian, the platform secures source code and related assets, mitigating risks associated with provider failure and safeguarding IP.
Funding
Funding not disclosed
Founders
Product
Problem
Software licensors and licensees face risks associated with business continuity and intellectual property protection. Without a neutral third party, the failure of a software provider can lead to significant operational disruptions for the licensee, while the licensor's intellectual property may be compromised.
Solution
Registrasoft provides a software escrow service that safeguards source code and intellectual property, ensuring business continuity for licensees and protecting licensors. The service facilitates secure software licensing agreements by acting as a neutral custodian of critical digital assets. This arrangement mitigates risks for both parties, ensuring that the licensee can maintain operations and the licensor's IP is managed according to agreed-upon terms. Registrasoft's platform supports the secure deposit, verification, and controlled release of software assets, underpinned by legal and technical expertise.
Target Audience
Primary customers include software licensors seeking to secure their intellectual property and build trust with clients, and licensees who rely on critical software and need assurance of continued access and support.
Features
- Secure, encrypted deposit of source code, documentation, and related materials.
- Defined release conditions based on contractual triggers (e.g., provider bankruptcy, SLA breach).
- Periodic updates and verification of deposited materials to ensure relevance and integrity.
- Neutral third-party custody to ensure impartiality between licensor and licensee.
- Legal framework supported by jurisprudence, including Supreme Court rulings on source code access.
- Optional notary certification for enhanced legal validity and international recognition.
- SaaS Escrow solutions tailored for cloud-based software delivery models.
- Client portal for managing deposits, tracking licenses, and accessing legal documentation.