Cloudastructure Adds Two New Deployments, Expanding Footprint with Existing Multifamily Customer to Nine Properties
Key Highlights
- ➤Two new deployments bring existing multifamily customer’s portfolio to nine properties
- ➤Customer expanded from five properties earlier this year to nine active deployments
- ➤Cloudastructure reports 98% deterrence against criminal activity across its customer base
- ➤Cloudastructure reports approximately 99% customer retention across its customer base
Expert Statements
James McCormick, Chief Executive Officer of Cloudastructure
“Multifamily operators are asking more from their security platforms than simply recording incidents”
James McCormick, Chief Executive Officer of Cloudastructure
“They want systems that help reduce risk, document events as they happen and support day-to-day property operations. That is changing how security technology is evaluated, and it is why existing customers have continued to expand deployments across their portfolios.”
James McCormick, Chief Executive Officer of Cloudastructure
“Every successful deployment creates another opportunity to grow within an existing relationship. As customers become familiar with our platform and the value it delivers, expanding into additional properties becomes a much simpler decision than evaluating a new security provider. That is exactly the type of land-and-expand model we are building across our enterprise customer base.”
PALO ALTO, Calif., Oct. 13, 2026 (GLOBE NEWSWIRE) -- Cloudastructure, Inc. ("Cloudastructure" or the "Company") (NASDAQ: CSAI), a leader in cloud-native AI surveillance and remote guarding, today announced the addition of two new multifamily communities with an existing portfolio customer, bringing the total number of deployed properties with the operator to nine. The latest deployments, located in Lake Worth Beach and St. Petersburg, Florida, reflect the Company's continued execution of its land-and-expand strategy, as customers expand Cloudastructure's platform across their portfolios after successful initial deployments.
Both properties are configured with AI-powered surveillance and Remote Guarding on select cameras, a deployment model that combines continuous AI monitoring with live intervention when required. The customer is using the platform to generate contemporaneous video documentation that supports lease enforcement, improves liability protection and deters lease violations, illustrating how multifamily operators are increasingly adopting cloud-native security platforms as operational and risk management tools rather than traditional surveillance systems.
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