Castler closes Pre-Series A funding of $6 Million led by Flipkart, Capital 2B, IIFL Fintech Fund, Venture Catalysts & Zerodha

How does software escrow work?

When a software developer uses an escrow service, they deposit the source code and/or executables with the escrow agent. The escrow agent then holds the software in a secure location until the buyer releases the funds. Once the funds are released, the escrow agent releases the software to the buyer.