Cloudastructure Expands AI Security Partnership with Leading Real Estate Investment Firm Across Multifamily Communities

Core Insights - Cloudastructure, Inc. has partnered with a leading real estate investment firm to enhance AI-driven security across multifamily communities, expanding their existing relationship and deploying advanced surveillance solutions [1][4] - The firm manages thousands of residential units and aims to improve asset protection and resident experience following security incidents, seeking a scalable solution that deters crime and enhances operational efficiency [2][3] - Cloudastructure's technology boasts a crime deterrence rate exceeding 97%, providing a cost-effective alternative to traditional security models while reducing liability risks [2][5] Company Overview - Cloudastructure is headquartered in Palo Alto, California, and offers a cloud-based security platform featuring AI/ML analytics and remote guarding solutions, enabling proactive security and significant cost savings [5] - The platform allows enterprise businesses to achieve real-time situational awareness and stop crime as it occurs, with a Total Cost of Ownership up to 75% lower than other systems [5] Market Impact - A survey by the National Apartment Association indicates that while only 13% of multifamily residents live in monitored communities, 70% believe these systems actively prevent crime, and they are 17% more likely to recommend such communities [3] - The partnership reflects a strategic investment in next-generation security solutions, transforming security from a cost center into a value driver for property owners and investors [3][4]