Cloudastructure (CSAI) said Thursday that it plans to double its sales team as part of the company's strategic expansion plan.
The company said the planned expansion of its sales group will address "growing demand" for advanced security solutions and improve its ability to engage with potential customers.
Cloudastructure did not disclose a specific number of targeted hires or a timeline for the expansion.
Shares of Cloudastructure were down 9.5% in recent trading.
Price: 7.50, Change: -0.79, Percent Change: -9.53
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