Cloudastructure Partners with National Affordable Housing Leader for Ai-Driven Security
PALO ALTO, CA, April 29, 2025 (GLOBE NEWSWIRE) -- Cloudastructure, Inc. (NASDAQ:CSAI) ("we," "us," "our," "Cloudastructure" or the "Company") today announced a new partnership with a nationally recognized leader in affordable housing to enhance security at its multifamily communities in the Atlanta metro area. The initial rollout serves as the first phase of a broader initiative to modernize security across the provider's nationwide portfolio.
With over 11 million renter households in the U.S. depending on affordable housing, the sector faces mounting pressure to ensure resident safety and operational efficiency, often while managing limited resources. Cloudastructure's scalable, cloud-based AI Surveillance platform with integrated Remote Guarding software and services provides a purpose-built solution to meet these demands head-on.
The provider, which manages and operates thousands of affordable units across multiple states, selected Cloudastructure for its advanced AI capabilities to deliver real-time detection and deterrence. The platform continuously analyzes live video feeds to identify suspicious behavior and sends alerts to Cloudastructure's Remote Guard Teams for real-time, proactive intervention. This approach has achieved an average deterrence rate of 97% for customers since 2023, significantly reduced reliance on expensive on-site guards, and strengthened protection against liability claims.
The initial deployment in Atlanta features a full suite of Cloudastructure's surveillance solutions, with additional sites currently under evaluation for future expansion.
"This is a milestone deployment for us," said Lauren OBrien, Chief Revenue Officer of Cloudastructure. "Our client is a recognized leader in affordable housing, managing high-density, high-occupancy properties where resident safety is critical. Their decision to implement our AI Surveillance and Remote Guarding solutions reflects not only a commitment to residents' well-being but also a strategic move to modernize operations and reduce long-term security costs. It underscores a broader industry shift toward proactive, technology-driven property management that prioritizes both safety and efficiency."
The affordable housing market represents a significant and growing segment of the $3.5 trillion U.S. multifamily industry, yet it remains largely underserved by modern security infrastructure. In our view, this creates an ideal opportunity for PropTech solutions that not only deliver meaningful returns but also drive mission-oriented impact. The unnamed provider joins a growing number of multifamily owners and operators adopting Cloudastructure's platform to modernize security, streamline operations, and increase overall portfolio value.
ABOUT CLOUDASTRUCTURE
Headquartered in Palo Alto, California, Cloudastructure's advanced award-winning security platform utilizes a scalable cloud-based architecture that features cloud video surveillance with proprietary, state-of-the-art AI/ML analytics, and a seamless remote guarding solution. The combination enables enterprise businesses to achieve proactive, end-to-end security, and pairs that platform with an attractive value proposition that eschews proprietary hardware and offers contract-free, month-to-month pricing and unlimited 24/7 support. With Cloudastructure, companies can achieve unparalleled situational awareness in real time and thereby stop crime as it is happening, while simultaneously achieving up to a 75% lower Total Cost of Ownership than other systems. For more information, visit https://www.cloudastructure.com/.
Forward-Looking Statements
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Media Contact:
Kathleen Hannon
Sr. Communications Director
Cloudastructure, Inc.
[email protected]
(704) 574-3732
Investor Contacts:
Crescendo Communications, LLC
212-671-1020
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