Greg Smitherman will leverage financial leadership background to spur growth
SAN FRANCISCO, December 02, 2021--(BUSINESS WIRE)--Cloudastructure, the first Silicon Valley cloud-based surveillance company, today announced the addition of Greg Smitherman to its team as the new Chief Financial Officer to focus on scaling the company’s growth through investments and acquisitions.
"We are thrilled to add Greg to our team at Cloudastructure as we continue our growth amid increased demand for cloud-based video surveillance," said Rick Bentley, founder and CEO of Cloudastructure. "We look forward to tapping into his leadership skills and experiences leading large and small teams in time-sensitive environments."
With an MBA from University of Chicago, and having most recently served as the CFO for Accelergy, Smitherman played a critical role in successfully executing a fundraising strategy that closed on over $20MM in funding. Smitherman is a hands-on financial executive. His extensive tactical, strategic and business planning experience in building and growing companies in multiple industries is nationally recognized. He has served on over 25 boards and been involved in public offerings as well as sales of companies to both private and public organizations.
In his new role, Smitherman will focus on Cloudastructure’s growth through new product development, investments and acquisitions. He also will oversee the financial performance of the company.
"Given my background, this is a great time for me to join Cloudastructure," Smitherman said. "With some of the leading engineers in Silicon Valley, they have innovative technology in AI and computer vision and are ready to enter into the next phase of growth."
Smitherman joins Cloudastructure during a time of growth for its sales and engineering development teams. Cloudastructure plans to soon expand sales and marketing to organically grow revenue and continue to invest in research and development to build world-class technology solutions, especially pertaining to computer vision.
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. For more information, visit cloudastructure.com or follow on LinkedIn.
Cloudastructure's award-winning AI surveillance video management system is the first cloud-based platform founded and headquartered in Silicon Valley. Designed and supported by some of the leading engineers in the country, the platform's unique architecture enables AI and computer vision for scalable, flexible, cost-effective security and eliminates the resource-intensive management and data risks of on-premises solutions. Cloudastructure enables a unified view of multiple sites for motion, facial recognition/detection, anomaly detection, object counting, LPR, advanced analytics, and compliance and delivers a 75% lower total cost of ownership than other systems. For more information, visit www.cloudastructure.com.
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