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Chris Smith

Founder & CEO at Praxis Technology Escrow

Creating innovative software and technology escrow solutions has been a 20-year journey and a continuing passion for Chris. He has a unique ability to recognize and incorporate new technologies into software and SaaS solutions, eliminate administrative burdens and increase escrow deposit quality and functionality.

Chris began his career in the software escrow industry in the late 1990’s as a Director of Sales with Fort Knox Escrow Services, Inc. where he learned the value of flexibility and outstanding customer service. After Fort Knox’s acquisition by Iron Mountain Incorporated, Chris and several of his fellow directors founded Escrow Associates, LLC with the purpose of continuing the tradition of providing client-focused and innovative escrow solutions. Chris and his partners grew Escrow Associates, LLC into the world’s third largest provider of technology escrow services. In 2011, Escrow Associates was acquired by the NCC Group PLC.

PRAXIS Technology Escrow, LLC was founded specifically to continue to provide innovative solutions to address major software trends that have rendered most software escrow solutions obsolete. A few examples of the innovations include the creation of the first automated escrow solution in 2016 and the continued evolution of SaaS continuity solutions such as data storage, server management and hot site solutions to keep business critical applications running when SaaS vendors fail.

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