Cloudastructure, Inc. (NASDAQ:CSAI) announced on Tuesday its entry into the industrial security and supply chain security market, expanding its operations beyond the multifamily real estate segment. The company is headquartered in Palo Alto, California.
According to the company, it has more than doubled its presence with one of the largest commercial real estate and investment firms in the world this year. The expansion covers nine properties in the client’s portfolio – up from five at the beginning of the year – including multifamily, industrial, and logistics properties. Cloudastructure has deployed its AI-based video surveillance and remote security platform at the first industrial warehouse supporting supply chain operations. Previously, the client used another remote security provider at this site before switching to Cloudastructure's platform.
"Clients are no longer buying cameras. They are buying protection from threats," said James McCormick, CEO of Cloudastructure. "We initially built our platform as a cloud solution to deliver these outcomes in the multifamily, industrial, and corporate real estate segments without changing the underlying technology." The company cited industry data indicating that losses from cargo and warehouse incidents reached $725 million in 2025 – a 60% increase from the previous year, with 41% of incidents occurring during the storage of goods.
Cloudastructure reported a 98% crime prevention rate and a client retention rate of around 99% across all its properties. The company’s platform utilizes cloud-based video surveillance with AI-driven analytics and remote security capabilities.
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