Cloudastructure Secures $4.5 Million Preferred Investment from Existing Institutional Investor to Accelerate Growth
Cloudastructure (Nasdaq: CSAI), a cloud video surveillance provider, has secured a $4.5 million investment through Series 2 Convertible Preferred Stock from an existing institutional investor. The financing involves 4,500 shares at $1,000 per share, carrying a 9.5% annual preferred return and convertibility into Class A common stock.
The funds will support the company's expansion of AI-driven security solutions, market growth, and general corporate purposes. Cloudastructure plans to scale operations by expanding sales, installation, and customer success teams to meet increasing demand. The company's cloud-based surveillance platform, which has won over two dozen awards, serves various sectors including commercial real estate, education, healthcare, and government institutions.
Cloudastructure (Nasdaq: CSAI), fornitore di videosorveglianza cloud, ha ottenuto un investimento di 4,5 milioni di dollari tramite azioni privilegiate convertibili di Serie 2 da un investitore istituzionale esistente. Il finanziamento prevede 4.500 azioni a 1.000 dollari ciascuna, con un rendimento annuale preferito del 9,5% e la possibilità di conversione in azioni ordinarie di Classe A.
I fondi supporteranno l'espansione dell'azienda nelle soluzioni di sicurezza basate su AI, la crescita del mercato e le esigenze aziendali generali. Cloudastructure prevede di ampliare le operazioni aumentando i team di vendita, installazione e successo del cliente per soddisfare la crescente domanda. La piattaforma di videosorveglianza basata su cloud dell'azienda, che ha vinto oltre due dozzine di premi, serve vari settori tra cui immobili commerciali, istruzione, sanità e istituzioni governative.
Cloudastructure (Nasdaq: CSAI), proveedor de vigilancia de video en la nube, ha asegurado una inversión de 4.5 millones de dólares a través de acciones preferentes convertibles de la Serie 2 de un inversor institucional existente. El financiamiento involucra 4,500 acciones a 1,000 dólares por acción, con un rendimiento preferente anual del 9.5% y convertibilidad en acciones ordinarias de Clase A.
Los fondos apoyarán la expansión de la empresa en soluciones de seguridad impulsadas por IA, el crecimiento del mercado y propósitos corporativos generales. Cloudastructure planea escalar las operaciones ampliando los equipos de ventas, instalación y éxito del cliente para satisfacer la creciente demanda. La plataforma de vigilancia en la nube de la empresa, que ha ganado más de dos docenas de premios, sirve a diversos sectores, incluidos bienes raíces comerciales, educación, atención médica e instituciones gubernamentales.
클라우다스트럭처 (Nasdaq: CSAI), 클라우드 비디오 감시 제공업체,는 기존 기관 투자자로부터 시리즈 2 전환 우선주를 통해 450만 달러의 투자를 확보했습니다. 이 자금 조달은 주당 1,000달러에 4,500주를 포함하며, 연간 9.5%의 우선 수익률과 A급 보통주로의 전환 가능성을 가지고 있습니다.
이 자금은 AI 기반 보안 솔루션의 확장, 시장 성장 및 일반 기업 목적을 지원할 것입니다. 클라우다스트럭처는 증가하는 수요를 충족하기 위해 판매, 설치 및 고객 성공 팀을 확장하여 운영을 확장할 계획입니다. 이 회사의 클라우드 기반 감시 플랫폼은 2십여 개의 상을 수상했으며 상업용 부동산, 교육, 의료 및 정부 기관 등 다양한 분야에 서비스를 제공합니다.
Cloudastructure (Nasdaq: CSAI), fournisseur de vidéosurveillance dans le cloud, a sécurisé un investissement de 4,5 millions de dollars par le biais d'actions privilégiées convertibles de Série 2 d'un investisseur institutionnel existant. Le financement implique 4 500 actions à 1 000 dollars par action, avec un rendement préférentiel annuel de 9,5% et une convertibilité en actions ordinaires de Classe A.
Les fonds soutiendront l'expansion de l'entreprise dans des solutions de sécurité alimentées par l'IA, la croissance du marché et des objectifs d'entreprise généraux. Cloudastructure prévoit d'élargir ses opérations en augmentant les équipes de vente, d'installation et de réussite client pour répondre à la demande croissante. La plateforme de surveillance basée sur le cloud de l'entreprise, qui a remporté plus de deux douzaines de prix, sert divers secteurs, y compris l'immobilier commercial, l'éducation, la santé et les institutions gouvernementales.
Cloudastructure (Nasdaq: CSAI), Anbieter von Cloud-Videoüberwachung, hat eine Investition in Höhe von 4,5 Millionen Dollar durch Serie 2 wandelbare Vorzugsaktien von einem bestehenden institutionellen Investor gesichert. Die Finanzierung umfasst 4.500 Aktien zu je 1.000 Dollar, mit einer jährlichen bevorzugten Rendite von 9,5% und der Möglichkeit zur Umwandlung in Stammaktien der Klasse A.
Die Mittel werden das Wachstum des Unternehmens im Bereich KI-gesteuerter Sicherheitslösungen, Marktwachstum und allgemeine Unternehmenszwecke unterstützen. Cloudastructure plant, die Aktivitäten durch die Erweiterung der Vertriebs-, Installations- und Kundenserviceteams auszuweiten, um der steigenden Nachfrage gerecht zu werden. Die cloudbasierte Überwachungsplattform des Unternehmens, die mehr als zwei Dutzend Auszeichnungen gewonnen hat, bedient verschiedene Sektoren, darunter Gewerbeimmobilien, Bildung, Gesundheitswesen und Regierungsinstitutionen.
- Secured $4.5M investment from existing institutional investor
- 9.5% annual preferred return on Series 2 Convertible Preferred Stock
- Strong market demand for AI surveillance solutions
- Recent successful Nasdaq Capital Market listing
- Potential dilution for existing shareholders upon preferred stock conversion
- High 9.5% preferred return rate indicates expensive financing
Insights
Cloudastructure's $4.5 million preferred equity raise represents a significant capital infusion for this microcap company, accounting for approximately
The relatively high
The stated use of proceeds—advancing AI-driven security solutions, enhancing market expansion, and funding general corporate purposes—provides a roadmap for the company's near-term priorities. The mention of expanding sales, installation, and customer success teams suggests a focus on scaling operations to capitalize on market opportunities in AI-powered surveillance.
This financing follows Cloudastructure's recent direct listing on Nasdaq, representing continued momentum in the company's public market journey. The convertible nature of the preferred stock creates potential future considerations regarding share dilution, though specific conversion terms aren't detailed.
For a company operating in the competitive AI solutions space, this capital injection provides additional runway to execute on growth initiatives, though investors should monitor how efficiently management deploys this capital to generate returns that justify the
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
Under the terms of the agreement, Cloudastructure has issued 4,500 shares of Series 2 Convertible Preferred Stock at a purchase price of
“We are pleased to announce this investment, which provides us with additional resources to drive growth and innovation in AI-powered surveillance and security,” said James McCormick, Chief Executive Officer of Cloudastructure. “We view this as a strong validation of our progress and strategic direction, demonstrating confidence from an existing institutional investor in our ability to execute on our vision. This funding will enable us to refine and expand our cutting-edge suite of AI-powered security solutions, which are already transforming enterprise security. Additionally, we plan to scale our operations by expanding our sales, installation, and customer success teams to meet surging demand for our innovative offerings. We are especially grateful to our investor for their continued confidence and support as we execute on our strategic initiatives.”
Cloudastructure has been at the forefront of AI Surveillance and Remote Guarding solutions that empower enterprise businesses by reducing crime and losses, standardizing enterprise-wide security, and enhancing operational efficiencies. The Company’s commitment to excellence has garnered significant traction across property management while simultaneously winning more than two dozen awards for excellence in AI security, positioning it as a leader in the rapidly growing AI solutions market.
Cloudastructure’s award-winning cloud-based surveillance platform leverages artificial intelligence and machine learning to provide businesses with advanced security analytics and real-time monitoring capabilities. The Company’s solutions cater to a wide range of industries, including commercial real estate, education, healthcare, and government institutions, enabling organizations to improve security while reducing costs.
This investment follows Cloudastructure’s recent direct listing on the Nasdaq Capital Market, reflecting the Company’s commitment to increasing shareholder value while executing its strategic growth initiatives. 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).
Maxim Group LLC acted as sole placement agent in connection with the preferred investment.
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
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.
Kathleen@cloudastructure.com
(704) 574-3732
Investor Contacts:
Crescendo Communications, LLC
212-671-1020
CSAI@crescendo-ir.com
FAQ
What are the terms of Cloudastructure's (CSAI) $4.5M preferred stock investment?
How will Cloudastructure (CSAI) use the $4.5M investment proceeds?
What industries does Cloudastructure (CSAI) serve with its AI surveillance platform?
How many awards has Cloudastructure (CSAI) won for its AI security solutions?
