Cloudastructure Raises More Than $29 Million in First RegA+

Cloudstructure CEO Rick Bentley

First Video Surveillance Platform Develops Computer Vision Technologies

Cloudastructure announced it has secured more than $29.6 million in crowd-sourced commitments from more than 10,000 investors and over $22 million in exercisable warrants in its first RegA+ offering. 

Since the $29.6 million raise began, Cloudastructure has rapidly grown its sales and engineering development team ten-fold and intends to scale even more in the coming months to achieve its revenue goals. The round is still open and you can invest here at invest.cloudastructure.com. The offering circular can be found here.

Cloudastructure?s cloud-based video and surveillance system offers a powerful and affordable tool for businesses to store, index and access footage in the cloud, while eliminating security breaches in the firewall. 

Using machine learning computer vision, the system can recognize objects, faces and more. The cloud-based platform also offers an alternative to on-premises solutions, which can be costly to operate and scale and require on-site monitoring. 

In terms of scalability, Cloudastructure is most competitive when servicing multiple sites ? a customer with 25 locations can maintain 50 separate silo systems with traditional video surveillance systems or utilize just one SaaS solution from Cloudastructure. Of course, with everything in the cloud, all the data stays secure during fires, floods, robberies, or whatever happens to the camera building in question.

With the Cloudastructure platform, cameras distributed throughout an enterprise send video to an on-site cloud video recorder which then sends the video via a secure connection to a cloud-based remote server. Authorized users can log in from any internet-enabled mobile device to monitor the feed in real time and review recorded history up to 10 times faster than a traditional DVR. 

Manufacturers, universities and health care organizations have used Cloudastructure?s solution for a centralized view of multiple sites from any mobile device along with AI/ML features such as: Source: cloudastructure.com

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