• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Quantisnow Logo
  • Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
PublishDashboard
    Quantisnow Logo

    © 2025 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlertsPublish with Us
    Company
    AboutQuantisnow PlusContactJobsAI employees
    Legal
    Terms of usePrivacy policyCookie policy

    Cloudastructure Secures Additional $3 Million Preferred Investment from Existing Institutional Investor

    4/21/25 8:30:00 AM ET
    $CSAI
    Computer Software: Programming Data Processing
    Technology
    Get the next $CSAI alert in real time by email

    Palo Alto, CA, April 21, 2025 (GLOBE NEWSWIRE) -- Cloudastructure, Inc. (NASDAQ:CSAI) ("we," "us," "our," "Cloudastructure" or the "Company"), a leading cloud video surveillance provider of next-generation AI-powered solutions, today announced that it has secured an additional $3 million investment from an existing institutional investor through the issuance of Series 2 Convertible Preferred Stock. The additional capital is intended to support Cloudastructure's ongoing expansion and advancement of its next-generation AI-powered security solutions.

    Under the terms of the agreement, Cloudastructure has issued 3,000 shares of Series 2 Convertible Preferred Stock at a purchase price of $1,000 per share. The Series 2 Preferred Stock carries a 9.5% annual preferred return and is convertible into shares of the Company's Class A common stock, subject to specified terms and conditions.

    Maxim Group LLC acted as sole placement agent in connection with the preferred investment.

    "We are deeply appreciative of our investor's continued support and belief in our mission," said James McCormick, Chief Executive Officer of Cloudastructure. "We believe their ongoing investment is a strong affirmation of our strategy and progress, and it enables us to continue executing on our plan to deliver AI-powered security solutions that are transforming enterprise security. With this capital, we intend to enhance product development, scale our operations, and further expand our sales, installation, and customer success teams to meet growing demand."

    This follow-on investment comes on the heels of Cloudastructure's successful $4.5 million raise last month and reinforces the momentum the Company has generated following its direct listing on the Nasdaq Capital Market. The Company has been winning significant recognition for its award-winning cloud-based surveillance and remote guarding platform, which delivers proactive, AI-driven solutions to combat crime, reduce losses, and standardize enterprise-wide security.

    Cloudastructure's advanced security solutions are built on a scalable cloud architecture that leverages proprietary AI and machine learning analytics to provide real-time monitoring, incident response, and business intelligence. These solutions are used across a variety of sectors, including commercial real estate, education, healthcare, and government, enabling customers to dramatically improve security outcomes while reducing total cost of ownership.

    Additional details regarding this investment are available in the Company's Form 8-K, which has been filed with the U.S. Securities and Exchange Commission (SEC).

    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 AI/ML analytics and a seamless remote guarding solution. This combination enables enterprise businesses to achieve proactive, end-to-end security while benefiting from a cost-effective model that eliminates proprietary hardware, offers contract-free month-to-month pricing, and includes unlimited 24/7 support. With Cloudastructure, companies can stop crime as it happens while achieving up to a 75% lower Total Cost of Ownership than other systems.

    For more information, visit https://www.cloudastructure.com/.

    Cautionary Note Regarding Forward-Looking Statements

    Certain statements in this press release may be considered forward-looking, such as statements containing estimates, projections and other forward-looking information. Forward-looking statements are typically identified by words and phrases such as "anticipate," "estimate," "believe," "continue," "could," "intend," "may," "plan," "potential," "predict," "seek," "should," "will," "would," "expect," "objective," "projection," "forecast," "goal," "guidance," "outlook," "effort," "target" or the negative of such words and other comparable terminology. However, the absence of these words does not mean that a statement is not forward-looking. Any forward-looking statements expressing an expectation or belief as to future events is expressed in good faith and believed to be reasonable at the time such forward-looking statement is made. However, these statements are not guarantees of future events and involve risks, uncertainties and other factors beyond our control. Therefore, we caution you against relying on any of these forward-looking statements. Actual outcomes and results may differ materially from what is expressed in any forward-looking statement. Except as required by applicable law, including U.S. federal securities laws, we do not intend to update any of the forward-looking statements to conform them to actual results or revised expectations.

    Media Contact:

    Kathleen Hannon

    Sr. Communications Director

    Cloudastructure, Inc.

    [email protected]

    (704) 574-3732

    Investor Contacts:

    Crescendo Communications, LLC

    212-671-1020

    [email protected]



    Primary Logo

    Get the next $CSAI alert in real time by email

    Chat with this insight

    Save time and jump to the most important pieces.

    Recent Analyst Ratings for
    $CSAI

    DatePrice TargetRatingAnalyst
    More analyst ratings

    $CSAI
    SEC Filings

    See more
    • SEC Form S-8 filed by Cloudastructure Inc.

      S-8 - CLOUDASTRUCTURE, INC. (0001709628) (Filer)

      5/22/25 3:11:10 PM ET
      $CSAI
      Computer Software: Programming Data Processing
      Technology
    • SEC Form 424B3 filed by Cloudastructure Inc.

      424B3 - CLOUDASTRUCTURE, INC. (0001709628) (Filer)

      5/16/25 5:30:31 PM ET
      $CSAI
      Computer Software: Programming Data Processing
      Technology
    • SEC Form 424B3 filed by Cloudastructure Inc.

      424B3 - CLOUDASTRUCTURE, INC. (0001709628) (Filer)

      5/16/25 5:30:20 PM ET
      $CSAI
      Computer Software: Programming Data Processing
      Technology

    $CSAI
    Insider Trading

    Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

    See more
    • Founder Bentley Sheldon Richard sold $80,790 worth of shares (30,848 units at $2.62), decreasing direct ownership by 11% to 249,584 units (SEC Form 4)

      4 - CLOUDASTRUCTURE, INC. (0001709628) (Issuer)

      6/2/25 4:47:43 PM ET
      $CSAI
      Computer Software: Programming Data Processing
      Technology
    • Founder Bentley Sheldon Richard sold $114,611 worth of shares (40,019 units at $2.86), decreasing direct ownership by 12% to 280,432 units (SEC Form 4)

      4 - CLOUDASTRUCTURE, INC. (0001709628) (Issuer)

      5/29/25 12:42:05 PM ET
      $CSAI
      Computer Software: Programming Data Processing
      Technology
    • Founder Bentley Sheldon Richard sold $58,583 worth of shares (20,255 units at $2.89), decreasing direct ownership by 6% to 320,451 units (SEC Form 4)

      4 - CLOUDASTRUCTURE, INC. (0001709628) (Issuer)

      5/27/25 8:38:31 PM ET
      $CSAI
      Computer Software: Programming Data Processing
      Technology

    $CSAI
    Press Releases

    Fastest customizable press release news feed in the world

    See more
    • Cloudastructure Inc. to Present at Maxim Group's "2025 Virtual Tech Conference: Discover the Innovations Reshaping Tomorrow," June 3rd –June 5th

      PALO ALTO, CA, June 02, 2025 (GLOBE NEWSWIRE) -- Cloudastructure, Inc. (NASDAQ:CSAI) ("we," "us," "our," "Cloudastructure" or the "Company") a recognized leader in AI surveillance and remote guarding solutions today announced that James McCormick, CEO of Cloudastructure has been invited to present at the "2025 Virtual Tech Conference: Discover the Innovations Reshaping Tomorrow," presented by Maxim Group LLC, Tuesday, June 3rd – Thursday, June 5th. The Company will take part in a fireside chat on June 4, 2025, at 4:30 PM ET. The rapid evolution of technology is paving the way for disruption across all industries, including healthcare, drones, consumer IoT, business solutions, gaming & ent

      6/2/25 9:00:00 AM ET
      $CSAI
      Computer Software: Programming Data Processing
      Technology
    • Cloudastructure Expands Presence in HUD and Affordable Housing Markets; Adds Remote Guarding Across Four Mixed-Income Communities

      PALO ALTO, CA, May 28, 2025 (GLOBE NEWSWIRE) -- Cloudastructure, Inc. (NASDAQ:CSAI) ("we," "us," "our," "Cloudastructure" or the "Company") a recognized leader in AI surveillance and remote guarding solutions today announced that four multifamily communities operated by a respected Colorado-based nonprofit housing authority have chosen Cloudastructure as their security partner. This represents a continued expansion into HUD Housing Choice and affordable housing programs, further strengthening Cloudastructure's position as a leader in the multifamily housing sector. The subscribed communities, which include a mix of affordable and market-rate housing, have faced ongoing security challenges

      5/28/25 9:00:00 AM ET
      $CSAI
      Computer Software: Programming Data Processing
      Technology
    • Cloudastructure Expands into Construction Market with Initial Sales of Mobile Surveillance Trailer Alpha™

      PALO ALTO, CA, May 21, 2025 (GLOBE NEWSWIRE) -- Cloudastructure, Inc. (NASDAQ:CSAI) ("we," "us," "our," "Cloudastructure" or the "Company") a recognized leader in AI surveillance and remote guarding solutions today announced the first sale of its advanced Mobile Surveillance Trailer Alpha™—developed in collaboration with Flex Security™—to a prominent U.S. construction company. This milestone marks Cloudastructure's official entry into the construction sector, powered by a cloud-based video surveillance platform enhanced with artificial intelligence (AI) and computer vision analytics, delivering intelligent, mobile security solutions tailored to high-risk job sites. Flex Security has also s

      5/21/25 9:00:00 AM ET
      $CSAI
      Computer Software: Programming Data Processing
      Technology