IPO Year:
Exchange: NASDAQ
PALO ALTO, CA, April 24, 2025 (GLOBE NEWSWIRE) -- Cloudastructure, Inc. (NASDAQ:CSAI) ("we," "us," "our," "Cloudastructure" or the "Company") Cloudastructure, the groundbreaking AI surveillance company transforming property security, is proud to announce that CEO James McCormick has been awarded the Silver Stevie® for Maverick of the Year in Business Services at the 2025 American Business Awards. In addition, the Company's senior leadership team including; CFO Greg Smitherman, CRO Lauren OBrien, and CTO Gregory Rayzman – earned the Gold Stevie® for Achievement in Management, Computer Software. These national honors recognize the team's daring vision, technical innovation, and strategic ex
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
PALO ALTO, CA, April 08, 2025 (GLOBE NEWSWIRE) -- Cloudastructure, Inc. (NASDAQ:CSAI) ("Cloudastructure," "we," "us," "our" or the "Company") announced today that a nationally recognized multifamily property management company has significantly advanced apartment security and operational efficiency by deploying Cloudastructure's AI Surveillance and Remote Guarding at four of its Florida properties. We believe this strategic investment highlights the increasing demand for cutting-edge security solutions in the multifamily housing sector. The property management company cited persistent challenges such as: TrespassingUnauthorized pool usage after hoursIllegal dumping The firm so
PALO ALTO, CA, April 03, 2025 (GLOBE NEWSWIRE) -- Cloudastructure, Inc. (NASDAQ:CSAI) ("Cloudastructure" or the "Company") today announced it has partnered with one of the nation's leading real estate investment firms—managing billions in commercial and residential assets—to expand the firm's commitment to AI-driven security. This initiative marks an expansion of an existing relationship between the two companies, building upon prior successful deployments to now include Cloudastructure's advanced surveillance and remote guarding solutions across seven multifamily communities, with additional rollouts planned in the near future. Managing thousands of residential units across the country,
Broad-Based Sales Growth: New Customers Up 30%, Subscriptions Up 48%, Remote Guarding Up 404%, Hardware Sales Up 250% AI Surveillance Platform Proves Effective, Scalable, and Regulation-Ready PALO ALTO, CA, March 31, 2025 (GLOBE NEWSWIRE) -- Cloudastructure, Inc. (NASDAQ:CSAI) ("we," "us," "our," "Cloudastructure" or the "Company"), a cloud-based video surveillance platform with artificial intelligence ("AI") and computer vision analytics, today provided a business update and reported financial results for the year ended December 31, 2024. "2024 marked a pivotal year for Cloudastructure as we achieved strong financial and operational milestones," said James McCormick, Chief Executive
Palo Alto, CA, March 26, 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 a $4.5 million investment through the issuance of Series 2 Convertible Preferred Stock. The financing, which comes from an existing institutional investor, is intended to support Cloudastructure's expansion and innovation efforts. Under the terms of the agreement, Cloudastructure has issued 4,500 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% ann
PALO ALTO, CA, March 05, 2025 (GLOBE NEWSWIRE) -- Cloudastructure, Inc. (NASDAQ:CSAI) ("we," "us," "our," "Cloudastructure" or the "Company"), a cloud-based video surveillance platform with artificial intelligence ("AI") and computer vision analytics, today announced a strategic partnership with a crypto-mining company to expand its AI hosting capabilities into their advanced renewable energy data center. This move enables Cloudastructure to drastically reduce its AI operational costs while ensuring compliance with evolving regulations nationwide. Situated near Glacier Park, Montana, the facility is powered by hydroelectric energy sourced from the largest natural freshwater lake in the we
PALO ALTO, Calif., Feb. 26, 2025 (GLOBE NEWSWIRE) -- Cloudastructure, Inc. (NASDAQ:CSAI) ("we," "us," "our," "Cloudastructure" or the "Company"), a cloud-based video surveillance platform with artificial intelligence ("AI") and computer vision analytics, today announced that a premier full-service residential development and investment firm has selected Cloudastructure to enhance security at two of its large multifamily properties in the DC Metro municipality. We believe this partnership reflects the firm's commitment to proactive security measures that align with evolving local regulations while ensuring a safer environment for residents. The developer currently manages approximately 4,
PALO ALTO, CA, Feb. 21, 2025 (GLOBE NEWSWIRE) -- Cloudastructure, Inc. (NASDAQ:CSAI) ("we," "us," "our," "Cloudastructure" or the "Company"), a cloud-based video surveillance platform with artificial intelligence ("AI") and computer vision analytics, today announced the unveiling of Alpha™, one of the most advanced mobile surveillance trailer solutions on the market. The announcement was made by Lauren O'Brien, Chief Revenue Officer of Cloudastructure. This cutting-edge solution, built in Elkhart, Indiana, seamlessly integrates Cloudastructure's award-winning AI surveillance and remote guarding platform with patented illumination technology and advanced hardware provided by RVMP® Flex Sec
PALO ALTO, Ca, Feb. 12, 2025 (GLOBE NEWSWIRE) -- Cloudastructure, Inc. (NASDAQ:CSAI) ("we," "us," "our," "Cloudastructure" or the "Company"), In response to new surveillance compliance regulations in a DC Metro municipality, a leading property management firm has chosen Cloudastructure, the cloud-based AI surveillance company, to ensure compliance for its affected properties. The firm has deployed Cloudastructure's award-winning cloud video surveillance solution across all five of its multifamily communities subject to the new requirements, ensuring they meet the latest security mandates while enhancing overall safety and monitoring capabilities. This decision aligns with a growing trend
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