Cellebrite Overview
Cellebrite's mission is to enable its customers to protect and save lives, accelerate justice, and preserve privacy in communities around the world. Cellebrite develops digital intelligence solutions for the public and private sectors, empowering organizations in mastering the complexities of legally sanctioned digital investigations by streamlining intelligence processes. Cellebrite's digital intelligence platform and solutions transform how customers collect, review, analyze, and manage data in legally sanctioned investigations.
Cumulative Funding Raised Over Time ($)
$370.0MAug 2021
$480.0MJul 2019
Latest News
growth-negative
Yossi Carmil on Cellebrite’s rise, its human rights challenges, and why he’s stepping down at the peak of success.
The article discusses the tenure of Yossi Carmil, the outgoing CEO of Cellebrite, an Israeli company known for its digital forensics technology used by law enforcement. Despite its success, Cellebrite has faced controversies, including accusations from Amnesty International regarding its softwares misuse for surveillance in Serbia. The company went public via a SPAC, which Carmil later regretted due to the challenges it presented. Under his leadership, Cellebrites valuation has grown significantly, but the company has struggled with its public image and human rights concerns. Carmil is stepping down, citing exhaustion and the need for U.S.-based leadership as the company aims for further growth.
Public TradingManagement ChangesInvestment
growth-positive
Digital intelligence company announces Carmil's departure as revenues top $100 million in a quarter for the first time.
Cellebrite, an Israeli digital investigations company, announced the retirement of its veteran CEO Yossi Carmil after 20 years, as the company reported quarterly revenues exceeding $100 million for the first time. Tom Hogan, the executive chairman, will serve as interim CEO until a successor is named. The company experienced a 27% revenue growth in the third quarter, reaching $107 million, and has raised its annual forecast to $400 million for 2024. Despite a one-time financial expense of $200 million related to stock options from its 2021 SPAC merger, Cellebrite recorded an adjusted net profit of $31.8 million. The company also acquired U.S.-based Cytech, enhancing its ability to undertake classified projects in the U.S. Cellebrites market cap is around $4 billion, with its stock value more than doubling since the beginning of the year.
Management ChangesAcquisitionPublic TradingCustomers
growth-positive
Cellebrite Appoints Renowned Cybersecurity Expert Sigalit Shavit as Chief Information Officer
Cellebrite, a global leader in Digital Investigative solutions, has appointed Sigalit Shavit as its first-ever Chief Information Officer (CIO). Shavit brings over 30 years of experience to Cellebrite’s information technology and security team. In her new role, she will focus on ensuring that Cellebrite’s information technology and security organizations continue supporting the business, responding decisively to cyber threats, leveraging AI and accelerating innovation. The appointment underscores Cellebrite’s commitment to technological innovation to accelerate justice through the Company’s Case-to-Closure platform.
Management Changes
growth-positive
Relativity and Cellebrite Partner to Unleash the Power of Mobile Data
Relativity, a global legal technology company, and Cellebrite, a global leader in digital investigative solutions, have announced a strategic partnership to deliver solutions for mobile device collection, processing, and review. The collaboration will focus on the development of a RelativityOne and Cellebrite Remote Mobile Collection and Conversion integration. Cellebrite will be the only mobile collection provider to integrate its offerings into RelativityOne Collect. This will allow customers to manage remote mobile device collections from within Collect and automatically transfer the collected data to RelativityOne for review and analysis.
Partners
growth-positive
Three Stocks Estimated To Be Trading At Discounts Between 26.4% And 33.5%
The article discusses the potential undervaluation of several stocks, including Cellebrite DI, WaFd, and Yara International. These companies are trading below their estimated fair values, indicating potential investment opportunities. Despite facing challenges such as negative shareholder equity, shareholder dilution, and high debt levels, these companies are expected to achieve profitability and substantial earnings growth in the coming years. Cellebrite DI and WaFd are expected to outpace the U.S market average, while Yara International is expected to outpace the Norwegian markets average.
InvestmentExpand
| Sector | Aerospace, Defense & HLS |
Funding
| Total funding | $480M |
| Last funding | Undisclosed |
| Stage | Public |
| Rounds | 3 |
| Investors | 4 |
Team Members
5
Employees: 500+
Web & Social Links
| Website | www.cellebrite.com/ |
Locations
Shlomo Shmeltzer Rd 94, Petah Tikva, Israel
Parsippany-Troy Hills, NJ, USA
Vienna, VA 22180, USA
São Paulo, State of São Paulo, Brazil
London, UK
Munich, Germany
Noida, Uttar Pradesh, India
Singapore
Tokyo, Japan
Australian Capital Territory, Australia
Photos & Videos
No files yet
Cellebrite Business
Business models
B2G, B2B
Product stage
Released
Employees
500+
Sector
Aerospace, Defense & HLSDefense & HLS SolutionsSecurity & Surveillance IntegrationTarget Customer
Communication ServicesWireless & MobileMobile DevicesDefense, Safety & SecurityNational SecurityCivilMilitaryCore Technology
Artificial IntelligenceMachine LearningTags (13)
dual-usedefensemobile-devicesmobile-carrierstelecommunicationbig-data-analyticslaw-enforcementforensicsmilitarypolicedata-protectionartificial-intelligenceborder-securitySolutions
{"title":"Public Safety & Enterprise Security","description":"Cellebrite provides digital intelligence solutions that enable law enforcement, government, and enterprise organizations to extract, analyze, and manage digital data from various sources for investigations, crime solving, and risk mitigation.","items":[{"name":"Revenue Growth","value":3,"titleTooltip":"Revenue Growth & Profitability","meterTooltip":{"title":"Substantial / Core","content":"Clear, significant contribution; broad, tangible gains."}},{"name":"Operational Efficiency","value":4,"titleTooltip":"Operational Excellence & Efficiency","meterTooltip":{"title":"Transformative / Strategic","content":"Fundamental, high-value enhancement with far-reaching strategic importance."}},{"name":"Customer Acquisition","value":3,"titleTooltip":"Customer Acquisition, Satisfaction & Loyalty","meterTooltip":{"title":"Substantial / Core","content":"Clear, significant contribution; broad, tangible gains."}},{"name":"Risk Mitigation","value":5,"titleTooltip":"Risk Mitigation & Business Resilience","meterTooltip":{"title":"Disruptive / Paradigm-Shifting","content":"Revolutionary, industry-leading change that sets new benchmarks and norms."}},{"name":"Talent Development","value":3,"titleTooltip":"Talent Development & Employee Empowerment","meterTooltip":{"title":"Substantial / Core","content":"Clear, significant contribution; broad, tangible gains."}},{"name":"Agility & Innovation","value":4,"titleTooltip":"Strategic Agility & Innovation","meterTooltip":{"title":"Transformative / Strategic","content":"Fundamental, high-value enhancement with far-reaching strategic importance."}}]}
Use Cases
Case StudiesGeographic Markets
AsiaUnited StatesUnited KingdomGermanyCellebrite Financials
$480M
Total funding
Undisclosed
Capital raised
Undisclosed
Last funding
Public
Funding stage
3
Total rounds
4
Investors
Cumulative Funding Raised Over Time ($)
$370.0MAug 2021
$480.0MJul 2019
Private Equity Funding
PIPE
Aug 2021
$370M
Axon Ventures, Light Street, Makena Capital Management
Undisclosed Round
Jul 2019
$110M
IGP - Israel Growth Partners
Public Offering / Exit
SpacEvent
Aug 2021
Undisclosed
MNAEvent
Jan 2007
Undisclosed
Mergers & Acquisitions
MNAEvent
Jun 2025
$170M
MNAEvent
Oct 2021
Undisclosed
MNAEvent
Jan 2020
$33M
Cellebrite Lifecycle
Cumulative Funding Raised Over Time
$370.0MAug 2021
$480.0MJul 2019
All Events
PIPE
Aug 2021
$370M
Axon Ventures, Light Street, Makena Capital Management
Undisclosed Round
Jul 2019
$110M
IGP - Israel Growth Partners
SpacEvent
Aug 2021
Undisclosed
MNAEvent
Jan 2007
Undisclosed
MNAEvent
Jun 2025
$170M
MNAEvent
Oct 2021
Undisclosed
MNAEvent
Jan 2020
$33M
Cellebrite News
120 articles
growth-negative
Yossi Carmil on Cellebrite’s rise, its human rights challenges, and why he’s stepping down at the peak of success.
The article discusses the tenure of Yossi Carmil, the outgoing CEO of Cellebrite, an Israeli company known for its digital forensics technology used by law enforcement. Despite its success, Cellebrite has faced controversies, including accusations from Amnesty International regarding its softwares misuse for surveillance in Serbia. The company went public via a SPAC, which Carmil later regretted due to the challenges it presented. Under his leadership, Cellebrites valuation has grown significantly, but the company has struggled with its public image and human rights concerns. Carmil is stepping down, citing exhaustion and the need for U.S.-based leadership as the company aims for further growth.
Public TradingManagement ChangesInvestment
growth-positive
Digital intelligence company announces Carmil's departure as revenues top $100 million in a quarter for the first time.
Cellebrite, an Israeli digital investigations company, announced the retirement of its veteran CEO Yossi Carmil after 20 years, as the company reported quarterly revenues exceeding $100 million for the first time. Tom Hogan, the executive chairman, will serve as interim CEO until a successor is named. The company experienced a 27% revenue growth in the third quarter, reaching $107 million, and has raised its annual forecast to $400 million for 2024. Despite a one-time financial expense of $200 million related to stock options from its 2021 SPAC merger, Cellebrite recorded an adjusted net profit of $31.8 million. The company also acquired U.S.-based Cytech, enhancing its ability to undertake classified projects in the U.S. Cellebrites market cap is around $4 billion, with its stock value more than doubling since the beginning of the year.
Management ChangesAcquisitionPublic TradingCustomers
growth-positive
Cellebrite Appoints Renowned Cybersecurity Expert Sigalit Shavit as Chief Information Officer
Cellebrite, a global leader in Digital Investigative solutions, has appointed Sigalit Shavit as its first-ever Chief Information Officer (CIO). Shavit brings over 30 years of experience to Cellebrite’s information technology and security team. In her new role, she will focus on ensuring that Cellebrite’s information technology and security organizations continue supporting the business, responding decisively to cyber threats, leveraging AI and accelerating innovation. The appointment underscores Cellebrite’s commitment to technological innovation to accelerate justice through the Company’s Case-to-Closure platform.
Management Changes
growth-positive
Relativity and Cellebrite Partner to Unleash the Power of Mobile Data
Relativity, a global legal technology company, and Cellebrite, a global leader in digital investigative solutions, have announced a strategic partnership to deliver solutions for mobile device collection, processing, and review. The collaboration will focus on the development of a RelativityOne and Cellebrite Remote Mobile Collection and Conversion integration. Cellebrite will be the only mobile collection provider to integrate its offerings into RelativityOne Collect. This will allow customers to manage remote mobile device collections from within Collect and automatically transfer the collected data to RelativityOne for review and analysis.
Partners
growth-positive
Three Stocks Estimated To Be Trading At Discounts Between 26.4% And 33.5%
The article discusses the potential undervaluation of several stocks, including Cellebrite DI, WaFd, and Yara International. These companies are trading below their estimated fair values, indicating potential investment opportunities. Despite facing challenges such as negative shareholder equity, shareholder dilution, and high debt levels, these companies are expected to achieve profitability and substantial earnings growth in the coming years. Cellebrite DI and WaFd are expected to outpace the U.S market average, while Yara International is expected to outpace the Norwegian markets average.
InvestmentExpand
growth-positive
Cellebrite Advances Plans to Transform and Elevate its Strategic Relationship with the U.S. Federal Government
Cellebrite DI Ltd has announced the acquisition of Cyber Technology Services, Inc. (CyTech) and the establishment of Cellebrite Federal Solutions. The new unit will focus on serving the unique needs of the U.S. federal government through its AI-driven Case-to-Closure [C2C] platform. CyTech, founded in 2002, brings extensive expertise in cybersecurity, digital forensics and incident response services. Its employees will be part of Cellebrite Federal Solutions, further broadening and complementing Cellebrites capabilities. The new unit will be led by Erik Sachwitz, who has led Cellebrites U.S. federal business since 2020.
AcquisitionExpand
growth-positive
Cellebrite to Report Second-Quarter 2024 Financial Results on August 15, 2024
Cellebrite DI Ltd, a global leader in digital investigative solutions, has announced that it will report its second-quarter 2024 financial results before the market opens on Thursday, August 15, 2024. The company will also host a live conference call and webcast to review the financial results and discuss its 2024 outlook. The historical financial tables and supplemental data will be available on the companys investor relations website. Cellebrites mission is to enable its customers to protect and save lives, accelerate justice, and preserve privacy in communities around the world.
Public Trading
growth-positive
Cellebrite Announces Availability of Industry-Leading Endpoint Inspector SaaS Solution on Amazon Web Services Marketplace
Cellebrite, a global leader in digital investigative solutions, has announced that its Endpoint Inspector SaaS is now available on Amazon Web Services (AWS) Marketplace. The solution allows corporate investigators and eDiscovery practitioners to securely collect and analyze data in real-time from a range of remote devices and computers. By leveraging the AWS cloud infrastructure, businesses can manage their targeted data collection activities seamlessly, allowing for faster extraction of critical information. This is Cellebrite’s second solution in the AWS Marketplace following Guardian.
PartnersExpand
growth-positive
הקרן שהביאה את סלברייט לנאסד"ק רוצה להשתלט עליה | כלכליסט
The American private equity fund True Wind, which holds 6.5% of the shares of the Israeli digital intelligence company Cellebrite, has submitted a purchase offer for at least 19% of the Japanese Sun Corporation, which holds 46.5% of Cellebrite. True Wind, which itself holds 6.5% of Cellebrite, submitted a purchase offer last week with the aim of buying at least 19% of Suns shares, which are traded on the Tokyo Stock Exchange. True Wind is offering to pay 4,400 yen ($28) per share.
Acquisition
growth-positive
Cellebrite Announces First-Quarter 2024 Results
Cellebrite DI Ltd has reported a 27% year-over-year increase in its annual recurring revenue (ARR) to $331.8 million for Q1 2024. The companys Q1 2024 revenue also rose by 26% year-over-year to $89.6 million, primarily due to a 29% growth in subscription revenue. Cellebrites CEO, Yossi Carmil, attributed the strong performance to the companys global business expansion and increased traction with its new Inseyets digital forensics software. The company also announced the appointment of David Gee as Chief Marketing Officer.
CustomersManagement Changes
growth-positive
Cellebrite Announces Participation in Upcoming Investor Conferences
Cellebrite, a global leader in digital investigative solutions, has announced its plan to participate in several investor conferences in May and June. The company, which provides services to both public and private sectors, aims to streamline intelligence processes and aid in legally sanctioned digital investigations. The announcement does not specify the details of the conferences or the companys specific goals for participation.
Public Trading
growth-positive
An Intrinsic Calculation For Cellebrite DI Ltd. (NASDAQ:CLBT) Suggests It's 33% Undervalued
The article discusses the valuation of Cellebrite DI Ltd. using the Discounted Cash Flow (DCF) model. The projected fair value for Cellebrite DI is US$16.82, which is 33% higher than its current share price of US$11.27. This suggests that the company might be undervalued. The DCF model estimates the attractiveness of Cellebrite DI as an investment opportunity by taking the expected future cash flows and discounting them to todays value. The article also provides a SWOT analysis for Cellebrite DI, highlighting that the company is currently debt-free and is expected to breakeven next year.
Investment
growth-positive
Cellebrite to Report First-Quarter 2024 Financial Results on May 23, 2024
Cellebrite, a global leader in digital investigative solutions, has announced that it will report its first-quarter 2024 financial results before the market opens on May 23, 2024. The company will also host a live conference call and webcast to review the financial results and discuss its outlook for 2024. Historical financial tables and supplemental data will be available on the companys investor relations website.
Public Trading
growth-positive
What Does Cellebrite DI Ltd.'s (NASDAQ:CLBT) Share Price Indicate?
Cellebrite DI Ltd. has been receiving attention due to a substantial price increase on the NASDAQGS over the last few months. The company is nearing its yearly highs following the recent share price climb. Despite high coverage by analysts, the stock could still be trading at a relatively cheap price. The intrinsic value for the stock is $16.65, but it is currently trading at US$11.45 on the share market, indicating an opportunity to buy. The companys revenues over the next few years are expected to grow by 68%, indicating a highly optimistic future.
Investment
growth-positive
Cellebrite Hires Marketing Veteran David Gee as Chief Marketing Officer, Ushering in Next Phase of Growth, Scale and Market Leadership
Cellebrite DI Ltd, a global leader in digital investigative solutions, has appointed David Gee as its new Chief Marketing Officer (CMO). Gee brings over 25 years of global sales and marketing expertise to the role and will be responsible for overseeing Cellebrite’s global marketing strategy to capitalize on growth opportunities in the digital investigations market. This comes at a time when digital crimes are escalating and becoming more sophisticated, requiring more advanced tools for law enforcement and enterprises to manage and analyze digital evidence.
Management Changes
Neutral
Cellebrite Files its 2023 Annual Report on Form 20-F
Cellebrite DI Ltd, a leader in Digital Investigative solutions for the public and private sectors, has filed its Annual Report on Form 20-F for the year ended December 31, 2023, with the U.S. Securities and Exchange Commission (SEC). The report is available on the investor relations section of its website and on the SEC’s website. Shareholders can request a hard copy of the report by contacting the company.
Public Trading
growth-positive
Cellebrite Revolutionizes Data Collection with Ground-breaking SaaS Solution, Integral Part of Company’s Case-to-Closure Platform
Cellebrite DI Ltd has launched Cellebrite Endpoint Inspector SaaS, a new delivery model of its Endpoint Inspector product. The new model offers enterprise customers and eDiscovery service providers next-generation digital forensic capabilities for streamlined data collection and analysis from diverse remote devices. The solution is part of Cellebrite’s evolving suite of SaaS solutions in its Case-to-Closure platform, which allows organizations to quickly deploy targeted remote data collection for faster acquisition of critical information.
CustomersExpand
growth-positive
Cellebrite Announces 2024 Investor Day
Cellebrite, a global leader in digital investigative solutions, has announced it will host an Investor Day in New York City on March 27, 2024. The event aims to provide investors with a deeper understanding of Cellebrites value proposition, growth opportunities, strategic priorities, and long-term outlook. The day will feature presentations from Cellebrite executives, Q&A sessions, product demonstrations, and a panel discussion with two Cellebrite customers. The event is by invitation only to institutional investors and analysts.
Customers
growth-positive
UPDATE – Cellebrite Announces 2024 Investor Day
Cellebrite DI Ltd, a global leader in premier Digital Investigative solutions, has announced that it will be hosting an Investor Day in New York City on March 27, 2024. The event is designed to help investors learn more about Cellebrite’s value proposition, growth opportunities, strategic priorities and long-term outlook. The Investor Day will feature presentations from Cellebrite executives, Q&A sessions, product demonstrations, and a panel discussion featuring two Cellebrite customers. The event will be webcast live and an archived copy will be available after the event.
Customers
growth-positive
Cellebrite Launches FedRAMP Authorization Process to Provide Federal Customers with Enhanced Cloud Security
Cellebrite DI Ltd, a global leader in Digital Investigative solutions, has announced its collaboration with cybersecurity services pioneer Coalfire to authorize its software-as-a-service offerings with the Federal Risk and Authorization Management Program (FedRAMP). The authorization will allow Cellebrite’s federal customers to leverage their use of the Company’s SaaS solutions, support faster and more cost-effective procurement processes, and ensure consistent application of information security standards. The process is expected to be completed within the next twelve months.
PartnersCustomers
Neutral
Haim Shani Concludes Tenure at Cellebrite as Company Enters Next Growth Phase
Cellebrite DI Ltd, a leader in digital investigative solutions, announced that Haim Shani has retired as a director of the company. Shani had been a member of the board since 2019, including two years as Chairman from August 2021 until August 2023. CEO Yossi Carmil expressed gratitude for Shani’s contributions. Following Shani’s departure, Cellebrite’s Board of Directors will consist of nine directors. The company continues to focus on addressing the evolving needs of its expansive global customer base through ongoing innovation and go-to-market initiatives.
Management Changes
growth-positive
Cellebrite becomes only Israeli co to exceed SPAC valuation
Israeli digital intelligence company Cellebrite, which raised billions of dollars through a SPAC merger in 2021, has become the first Israeli company to trade in excess of its debut valuation following a SPAC merger. The company, which provides digital intelligence products for law enforcement agencies and corporations, completed its SPAC merger in August 2021, raising $370 million at a company valuation of $1.9 billion. Last week, Cellebrite reported a 20% revenue growth to $325 million for 2023, beating analysts forecasts. The companys share price jumped 18% in two days of trading, giving it a market cap of $2.3 billion.
Public TradingInvestment
growth-positive
Cellebrite DI Full Year 2023 Earnings: Revenues Beat Expectations, EPS Lags
Cellebrite DI has reported its full year 2023 results, with a revenue of US$325.1m, up 20% from FY 2022. However, the company reported a net loss of US$81.1m, down by 170% from a profit of US$116.1m in FY 2022. The companys earnings per share also fell, from a profit of US$0.64 in FY 2022 to a loss of US$0.43. Despite this, the companys revenue exceeded analyst estimates by 2.3%, and its shares are up 21% from a week ago. Looking ahead, revenue is forecast to grow 16% p.a. on average during the next 3 years.
Customers
Growth-Positive
Cellebrite (CLBT) Benefitting from Increased Data Volume
Greenhaven Road Capital, an investment management company, has released its Q4 2023 investor letter, highlighting its investment in Cellebrite DI Ltd. The fund returned approximately 15% in Q4, bringing the full-year returns to approximately 51%. Cellebrite, a software company that develops solutions for legally sanctioned investigations, was featured in the investor letter. The companys stock closed at $9.68 per share on February 14, 2024, with a one-month return of 16.21% and a 52-week gain of 62.69%. Cellebrite has a market capitalization of $1.911 billion.
Investment
growth-positive
Cellebrite Announces Fourth-Quarter 2023 Results
Cellebrite DI Ltd, a global leader in digital investigative solutions, has announced its financial results for Q4 and full-year 2023. The company reported a record annual recurring revenue (ARR) of $315.7 million, up 27% YoY, and Q4 revenue of $93.0 million, up 26% YoY. The companys adjusted EBITDA for Q4 was $22.7 million. The companys CEO, Yossi Carmil, stated that the company exceeded its targets for the year and is well-positioned to execute on its strategic priorities in 2024.
InvestmentExpand
growth-positive
Cellebrite Revolutionizes Investigative Workflow with Groundbreaking End-to-End Platform to Solve More Cases Faster
Cellebrite DI Ltd, a global leader in digital investigative solutions, has announced the launch of Case-to-Closure (C2C), an expanded platform for examiners and investigators. The platform aims to accelerate justice by enabling faster and more defensible case resolutions. It provides law enforcement with a new industry standard for excellence in examination and investigation, and equips professionals with a broader range of capabilities to clear backlogged cases. The platform includes Cellebrite Inseyets, an enhanced, automated digital forensics software technology, and enhancements to Cellebrite Pathfinder that connect data points from unlimited sources.
CustomersExpand
growth-positive
Operation Find Them All: Cellebrite Unites Philanthropic Pioneers to Accelerate Investigations of Crimes Against Children
Cellebrite DI Ltd, a global leader in digital investigative solutions, has announced a collaboration aimed at reducing crimes against children and online child exploitation. The campaign, titled Operation Find Them All (OFTA), brings together the National Center of Missing and Exploited Children, The Exodus Road, Raven, and Cellebrite. As part of the initiative, Cellebrite is providing financial investment and in-kind use of its technology to these organizations to help accelerate investigations of online crimes against children. The technology includes Pathfinder, an AI-based Investigative Analytics solution, and Smart Search, a cloud-based OSINT tool for investigators.
PartnersInvestment
growth-positive
Cellebrite Announces Participation in the 26th Annual Needham Growth Conference
Cellebrite, a global leader in digital investigative solutions, has announced its participation in the upcoming 26th Annual Needham Growth Conference. The company, which serves both public and private sectors, helps organizations streamline intelligence processes for legally sanctioned digital investigations. Cellebrites solutions are trusted by thousands of leading agencies and companies worldwide, transforming how customers collect, review, analyze, and manage data.
Public Trading
Neutral
Cellebrite to Report Fourth-Quarter and Fiscal Year 2023 Financial Results on February 15, 2024
Cellebrite DI Ltd, a global leader in digital investigative solutions, has announced that it will report its fourth-quarter and fiscal year 2023 financial results before the market opens on Thursday, February 15, 2024. The company will also host a live conference call and webcast to review the financial results and discuss its 2024 outlook. Additional financial data and a transcript of the call will be available on the companys investor relations website.
Public Trading
growth-positive
One of the Largest Police Departments in the U.S. Doubles Down with Cellebrite Digital Forensic Technology
Cellebrite DI Ltd, a global leader in Digital Intelligence (DI) solutions, has announced a nearly one-million-dollar agreement that expands its relationship with one of the ten largest local police departments in the United States. The investment will allow the agency to deploy a broader range of Cellebrite’s Digital Intelligence solutions to transform their investigative workflow. The department will also utilize Cellebrite Pathfinder to investigate relevant leads and discover connections in digital data more quickly and accurately.
InvestmentCustomers
growth-positive
Cellebrite Showcases Innovations in Digital Intelligence at Milipol 2023
Cellebrite DI Ltd, a global leader in Digital Intelligence (DI) solutions, demonstrated its commitment to accelerating justice globally at the Milipol law enforcement and homeland security event held in Paris. The companys senior leadership, sales and service teams engaged with law enforcement professionals from over 100 countries to discuss industry best practices and showcase recent innovations and emerging digital solutions. The company also presented a range of panel presentations around the role of AI in investigations, data extraction, and its latest innovation, Smart Search.
CustomersPartners
growth-positive
Cellebrite Continues Global Growth with Appointment of First Global Chief Revenue Officer, Marcus Jewell
Cellebrite DI Ltd, a global leader in Digital Intelligence solutions, has announced the appointment of Marcus Jewell as its first Global Chief Revenue Officer. Jewell will oversee worldwide sales for both the public and private sectors, working from the companys American headquarters in Virginia. He brings over 25 years of experience in senior-level sales and management, including a successful stint at Juniper Networks where he drove significant growth and oversaw more than $5B in sales. The appointment signals Cellebrites continued global growth and market leadership.
Management Changes
growth-positive
Cellebrite Announces Third-Quarter 2023 Results
Cellebrite has reported a record revenue of $84.2 million, a 17% YoY increase, primarily due to a 32% growth in subscription revenue. The companys ARR also increased by 27% YoY to $295.2 million. Cellebrites CEO, Yossi Carmil, expressed satisfaction with the companys Q3 2023 performance, attributing the success to strong traction within the digital forensic units and investigative units of their law enforcement customers. The company also announced the appointment of Marcus Jewell as Global Chief Revenue Officer. Cellebrite has increased its 2023 ARR and Adjusted EBITDA outlook.
Management Changes
growth-positive
Cellebrite’s 2024 Industry Trends Survey Reveals Urgent Digital Challenges in Law Enforcement
Cellebrite DI Ltd, a global leader in Digital Intelligence (DI) solutions, has released the findings from its 2024 Industry Trends Survey for the Public Sector. The survey reveals a growing need for agencies to digitally transform key workflows due to severe staffing shortages and an increasing volume of evidence. The survey gathered insights from 2,000 law enforcement leaders and practitioners, highlighting challenges in device access, data extraction, evidence management and analysis. The findings underscore the importance of adopting technologies that will increase productivity and create efficiencies to solve cases faster.
Customers
growth-positive
Cellebrite DI Ltd.'s (NASDAQ:CLBT) Intrinsic Value Is Potentially 64% Above Its Share Price
The article discusses a valuation of Cellebrite DI Ltd. using the Discounted Cash Flow (DCF) model. The analysis suggests that the companys fair value estimate is US$12.09, indicating that it might be undervalued by 39% at its current share price of US$7.36. The valuation is based on estimates of the companys future cash flows and their present value, taking into account two stages of growth. The analysis also includes a SWOT analysis, highlighting the companys debt-free status and sufficient cash runway for more than three years based on current free cash flows.
Public Trading
growth-positive
Mobile Ultra: Advancing Digital Investigations in the Age of Evolving Technology
Cellebrite DI Ltd, a global leader in Digital Intelligence solutions, has announced the release of Mobile Ultra, a new SaaS solution for mobile device investigations in the private sector. The application aims to accelerate the collection, extraction, and reporting process during corporate investigations. It offers a user-friendly interface that combines collection, analysis, and review tools. Mobile Ultra can decode and parse data from a wide array of Apple and Android software and devices, and provides access to data from more than 50 cloud sources, enhancing the probability of discovering crucial evidence.
Customers
growth-positive
Cellebrite Equips Investigators with Next Generation Cloud-Based Solution
Cellebrite DI Ltd has announced the launch of Cellebrite Smart Search, a SaaS-based solution that automates the collection and review of publicly available online data. The tool is designed to save investigators time by quickly gathering data from open sources, particularly social media platforms, and generating actionable insights. The tool is part of Cellebrites next generation of open-source intelligence offerings and is now available for use. It is designed to integrate into investigative workflows to inform investigations, enrich evidence, and generate investigative leads.
CustomersExpand
Growth-Positive
Should You Hold Cellebrite DI Ltd. (CLBT)?
Greenhaven Road Capital, an investment management company, released its third quarter 2023 investor letter, highlighting its investment in Cellebrite DI Ltd., a software company that develops solutions for legally sanctioned investigations. The Fund returned 3% net in the third quarter, bringing YTD net returns to 30%. Cellebrite, which has a market capitalization of $1.318 billion, was noted for its pricing power and potential for growth. The company recently hired an Executive Chairman from the private equity firm Vista Equity Partners, and it is speculated that he may help put some of the $230M+ in cash that Cellebrite has on its books to work via acquisitions.
InvestmentManagement Changes
growth-positive
Cellebrite Furthers Global Commitment and Partnerships with Global Law Enforcement Community at International Association of Chiefs of Police Conference
Cellebrite, a global leader in Digital Intelligence solutions, recently concluded its four-day presence at the 2023 International Association of Chiefs of Police (IACP) Annual Conference and Exposition. The event was attended by over 16,000 police chiefs and senior law enforcement professionals. Cellebrite showcased its end-to-end solutions for the public sector and held multiple meetings with key officials representing many of the largest cities across America. The company also moderated a panel on the fight against human trafficking and presented on how digital intelligence solutions can enhance investigations.
CustomersPartners
growth-positive
Cellebrite Elevates Digital Forensics Training with New MyCellebrite Learning Hub
Cellebrite DI Ltd, a global leader in Digital Intelligence solutions, has announced the launch of a new website and Learning Management System (LMS) within MyCellebrite. The new platform is designed to enhance the training experience for investigative agencies and underscores Cellebrites leadership in digital forensics education. The learning site will enable law enforcement personnel to discover new strategies and actionable processes to solve cases faster. In 2023, Cellebrite offered 24 training courses both live in-person and virtually, and in self-paced formats.
CustomersExpand
growth-positive
Cellebrite Experts to Moderate Human Trafficking Panel, Present on Digital Intelligence at International Association of Chiefs of Police (IACP) Expo and Conference
Cellebrite DI Ltd, a global leader in Digital Intelligence (DI) solutions, will sponsor and participate in the annual International Association of Chiefs of Police (IACP) expo and conference on October 14, 2023. The company will present on best practices in digital intelligence and moderate a live panel with key philanthropic partners in the fight against human trafficking. The conference will provide a platform for Cellebrite to engage with law enforcement and reinforce its commitment to advancing justice globally.
PartnersExpand
Neutral
Cellebrite to Report Third-Quarter 2023 Financial Results on November 14, 2023
Cellebrite, a global leader in Digital Intelligence solutions, has announced that it will report its third-quarter 2023 financial results before the market opens on Tuesday, November 14, 2023. The company will also host a live conference call and webcast to review the financial results for the third quarter of 2023 and discuss its full-year 2023 outlook. Additional financial data will be available on the companys investor relations website.
Public Trading
growth-positive
Should You Think About Buying Cellebrite DI Ltd. (NASDAQ:CLBT) Now?
Cellebrite DI Ltd. has been receiving attention due to a substantial price increase on the NASDAQGS over the last few months. Despite this, the stock is still considered a bargain with an intrinsic value of $12.69, which is above its current market valuation. The companys beta is high, indicating that its price movements will be exaggerated relative to the rest of the market. This could provide a prime buying opportunity in a bearish market. The companys profit is expected to grow by 49% over the next year, indicating a bright near-term future.
growth-positive
11 Tech Stocks to Sell Now According to Cathie Wood
Cathie Woods ARK Investment Management, LLC has been focusing on investments in technologically enabled innovation that cuts across economic sectors. The firms portfolio is dominated by leading technology companies, with Tesla, Coinbase, UiPath, Roku, and Block being its top holdings. Despite a tough year for growth stocks in 2022, ARKs flagship ETF, the ARK Innovation ETF (ARKK), was up 41.37% as of September 15, 2023. The article also lists 11 tech stocks that ARK Investment Management has reduced its exposure to, including Playtika Holding Corp., Mercadolibre, Inc., and Cellebrite Di Ltd.
InvestmentManagement Changes
growth-positive
Cellebrite Supercharges Corporate Investigative Capabilities with New SaaS Offering
Cellebrite DI Ltd. has announced a new SaaS offering called Endpoint Mobile Now for corporate investigations and eDiscovery. This is the companys first SaaS solution for private sector customers. Endpoint Mobile Now allows organizations to remotely collect and preserve data for litigation or internal investigations. It provides e-discovery capabilities and a comprehensive forensic platform, enabling accurate, quick, and secure data collection, management, and review. The solution is designed to adapt quickly to changes in mobile device applications and operating systems. It also allows simultaneous remote collection of multiple mobile devices. This offering is expected to have a positive impact on the companys growth.
Customers
growth-positive
Is Cellebrite DI Ltd. (CLBT) a Good Growth Stock?
Greenhaven Road Capital, an investment management company, released its second quarter 2023 investor letter. The firm highlighted stocks like Cellebrite DI Ltd. (NASDAQ:CLBT) in the letter, expressing optimism about the companys strong product pipeline and potential for revenue and profit growth. Cellebrite develops technology for law enforcement to extract and analyze data from cellphones. The companys stock closed at $7.70 per share on August 11, 2023, with a market capitalization of $1.499 billion. Greenhaven Road Capital believes that Cellebrite has the opportunity to raise its prices and expand its multiple, given recent industry developments. The article also mentions that 16 hedge fund portfolios held Cellebrite DI Ltd. at the end of the first quarter.
Investment
growth-positive
Cellebrite Appoints Thomas E. Hogan as Executive Chairman of the Board
Cellebrite DI Ltd, a global leader in Digital Intelligence solutions, has announced the appointment of Thomas E. Hogan as Executive Chairman of the Board. Hogan, who has over 40 years of experience in the industry, will partner with CEO Yossi Carmil to further the companys growth and strategic priorities. Hogans expertise in strategic M&A, sales and marketing, international operations, and talent acquisition and development is expected to be invaluable as Cellebrite scales and extends its market leading digital intelligence solutions.
Management Changes
growth-positive
Cellebrite Announces Second-Quarter 2023 Results
Cellebrite DI Ltd, a global leader in Digital Intelligence solutions, has reported a 23% year-over-year increase in revenues to $76.7 million, primarily due to a 35% growth in subscription revenue. The companys Annual Recurring Revenue (ARR) also increased by 28% year-over-year to $273.7 million. The companys CEO, Yossi Carmil, attributed the growth to strong customer relationships and investment in customer-driven innovation. The company also announced the appointment of Thomas E. Hogan as Executive Chairman of the Board of Directors. Cellebrite also raised its 2023 outlook for revenue, ARR and adjusted EBITDA.
InvestmentManagement Changes
growth-positive
Cellebrite Wins Five Forensic Focus 4:cast Awards, Reinforcing Standing as Digital Intelligence Leader
Cellebrite DI Ltd, a global leader in Digital Intelligence solutions for public and private sectors, has won five prestigious 2023 Forensic Focus 4:cast Awards. The awards highlight Cellebrites leadership and commitment to innovation, delivering effective and advanced Digital Intelligence and investigative solutions. The awards received include DFIR Commercial Tool of the Year, DFIR Team of the Year, DFIR Blog of the Year, DFIR CTF of the Year, and DFIR Social Media Influencer of the Year.
Customers
growth-positive
Pakistan said to purchase Israeli Cellebrite phone-hacking tools
Pakistani intelligence services have purchased advanced phone hacking tools made by Israel’s Cellebrite company. Pakistan has been using the tool since at least 2012, despite not having diplomatic ties with Israel. Cellebrite was previously used by the FBI to hack into the iPhone of the San Bernardino shooter in 2016. The technology requires physical connection to the phone being hacked.
Customers
growth-positive
Cellebrite Enhances Evidence & Workflow Management Tech for Digital Forensics and Investigative Units with New Capabilities
Cellebrite DI Ltd, a global leader in Digital Intelligence solutions, has announced new capabilities for Cellebrite Guardian, a SaaS-based evidence and workflow management solution for law enforcement agencies. The new features include Simple Upload and Quick Share which allow for swift and secure uploading and sharing of digital evidence. These enhancements aim to streamline the investigative process, reducing time and costs associated with traditional methods. The company believes these new capabilities will improve workflow and efficiency for law enforcement and investigative teams, ultimately aiding in case resolution.
Customers
Neutral
Cellebrite to Report Second-Quarter 2023 Financial Results on August 8, 2023
Cellebrite DI Ltd, a global leader in Digital Intelligence solutions for public and private sectors, has announced it will report its second-quarter 2023 financial results before the market opens on Tuesday, August 8, 2023. The company will also host a live conference call and webcast to review the Company’s financial results for the first quarter of 2023 and discuss its full-year 2023 outlook. The companys mission is to enable its customers to protect and save lives, accelerate justice, and preserve privacy in communities around the world.
Public Trading
growth-positive
Cellebrite Announces Innovative Case-Closing Technology; Raising the Bar for Modern Investigations
Cellebrite DI Ltd has announced its new UFED Ultra solution, which expands and accelerates data access, extraction, decoding, and review capabilities for law enforcement agencies. The technology allows every agency with Cellebrite technology to confidently solve crimes faster. UFED Ultra opens up evidence extraction, making it more technologically challenging for agencies worldwide. The solution has the potential to empower over 40,000 examiners worldwide. Cellebrite is a global leader in Digital Intelligence solutions for the public and private sectors, specializing in legally sanctioned digital investigations.
CustomersPartners
growth-positive
UPDATE - Cellebrite Announces Innovative Case-Closing Technology; Raising the Bar for Modern Investigations
Cellebrite DI Ltd. has announced its new UFED Ultra solution, which expands and accelerates data access, extraction, decoding, and review capabilities for law enforcement agencies. The solution strengthens Cellebrites end-to-end solution suite and allows every agency with Cellebrite technology to confidently solve more crimes faster. UFED Ultra offers advanced extractions and unlocks, broadens the scope of accessible devices, and increases the quantity of digital artifacts that yield impactful evidence. The technology has the potential to empower over 40,000 examiners worldwide. Cellebrite is a global leader in Digital Intelligence solutions for the public and private sectors.
Customers
growth-positive
Cellebrite Bolsters Digital Intelligence Capabilities for Latin American Nation’s Federal Forces and Expands Investigative Power around Crypto Crime
Cellebrite DI Ltd, a global leader in Digital Intelligence (DI) solutions, announced that its suite of digital intelligence software solutions, including cryptocurrency analysis, will be deployed in a major Latin American country. This agreement strengthens the capabilities of the countrys police force in digital forensic investigations. The deal increases the customers annual spending with Cellebrite more than ten-fold. The use of cryptocurrency in financial and cybercrimes has been increasing, making it crucial to integrate cryptocurrency analysis into investigations. Cellebrites LATAM Vice President highlighted the growing need for digital intelligence in Latin America. Cellebrites mission is to enable customers to protect and save lives, accelerate justice, and preserve privacy through their Digital Intelligence solutions.
CustomersPartners
growth-positive
Cellebrite and The Exodus Road Provide Digital Intelligence Technology to the National Bureau of Investigations Anti-Human Trafficking Division in the Philippines
Cellebrite DI Ltd, a global leader in Digital Intelligence (DI) solutions, is partnering with The Exodus Road to provide digital intelligence technology to the National Bureau of Investigations (NBI) Anti-Human Trafficking Division in the Philippines. This partnership aims to accelerate justice in cases of exploitation and combat human trafficking. Cellebrite has been a long-standing partner of The Exodus Road in the fight against human trafficking, and their technology has led to successful survivor rescues and perpetrator arrests. By providing advanced technology, such as the UFED Cloud solution and field mobile extraction device, Cellebrite aims to obtain actionable digital evidence and track digital trails to vindicate victims of human trafficking. The partnership will enhance the NBIs capacity to combat human trafficking and protect the citizens of the Philippines.
PartnersCustomers
Cellebrite Announces First-Quarter 2023 Results
growth-positive
Cellebrite Announces Participation in Upcoming Investor Conferences
Cellebrite plans to participate in investor conferences to showcase its Digital Intelligence solutions.
Investment
growth-positive
Mark Fitzsimons Joins Cellebrite to Lead Growing APAC Business
Cellebrite DI Ltd has appointed Mark Fitzsimons as the Managing Director for its Asia-Pacific business. Fitzsimons brings over 25 years of experience in B2B enterprise software sales, strategy, partnerships, and service delivery. Based in Singapore, he will lead Cellebrites business activity in the Asia-Pacific region and contribute to the companys growth. Fitzsimons will report to Arthur Veinstein, President, International at Cellebrite, and will be responsible for expanding and accelerating Cellebrites growth in the APAC region. Cellebrite is a global leader in Digital Intelligence solutions for the public and private sectors, specializing in legally sanctioned digital investigations. The company aims to enable its customers to protect and save lives, accelerate justice, and preserve privacy.
Management Changes
Growth-Positive
Cellebrite to Release First-Quarter 2023 Financial Results on May 10, 2023
Cellebrite, a global leader in Digital Intelligence solutions for the public and private sectors, has announced that it will report its first-quarter 2023 financial results before the market opens on Wednesday, May 10, 2023. The company will also host a live conference call and webcast to review the financial results for the first quarter of 2023 and discuss its full-year 2023 outlook. Additional financial data will be available on the companys investor relations website.
Public Trading
Cellebrite Applauded by Frost & Sullivan for Helping Customers Collect and Analyze Intelligence to Determine Data Accuracy and Validity, Offering Customer Value
Cellebrite Announces Enhanced Solution Capabilities for Digital Investigations
Cellebrite Announces RelativityOne Integration for Quicker, Safer Data Review
Cellebrite Announces Fourth Quarter 2022 Results
Cellebrite and The Exodus Road Continue Combatting Human Trafficking in Brazil
growth-positive
Cellebrite signs $14 million agreement with Singapore's national police agency | CTech
Israeli digital intelligence company Cellebrite has signed a five-year agreement with a leading law enforcement agency in Singapore. The agency will use Cellebrites collect and review solution, Premium, to expedite the collection of digital evidence. The contract is estimated to be worth $14 million. This is the second major deal announced by Cellebrite in the past two months, following a $10 million deal with a major west European national police force. Cellebrite reported an annual recurring revenue of $232 million, a 35% increase year-over-year, in its third-quarter results for 2022. The company went public on Nasdaq via a SPAC merger at a valuation of $2.4 billion in August 2021 and currently has a market cap of around $960 million.
Customers
Cellebrite Enterprise Solutions 2023 Industry Trends Report Finds 70 Percent of eDiscovery Professionals State Accessing Data Offsite Is a Major Endpoint Collection Problem
Leading Singapore Law Enforcement Agency Awards Cellebrite with $14 Million Agreement for Cellebrite’s advanced extraction solution
Cellebrite to Release Fourth Quarter and Fiscal Year 2022 Financial Results on February 15, 2023
Zohar Tadmor-Eilat Joins Cellebrite as Chief People Officer
Cellebrite Signs an Over $10 Million Deal with Major West European National Police Force; Marking One of the Largest Digital Intelligence Deals Ever and Further Validating Digital Intelligence as Essential Accelerator for Investigations
growth-positive
Cellebrite Signs an Over $10 Million Deal with Major West European National Police Force; Marking One of the Largest Digital Intelligence Deals Ever and Further Validating Digital Intelligence as Essential Accelerator for Investigations
Cellebrite DI Ltd, a global leader in Digital Intelligence (DI) solutions, announced that a European national police force has extended its partnership with Cellebrite. The police force will deploy Cellebrite Pathfinder across multiple sites, enhancing its investigative analytics capabilities. The expansion aims to streamline the investigative process, automate data ingestion, and use advanced artificial intelligence (AI) to analyze and visualize data from mobile, cloud, and computer sources. Cellebrite will also provide professional training and support to the police forces investigative team. The partnership is expected to result in more efficient and effective investigations. Cellebrites mission is to enable its customers to protect and save lives, accelerate justice, and preserve privacy.
Partners
Vanderburgh Co. Cyber Crime Task Force and Cellebrite Combine Efforts to Resolve Crimes Quicker and Exonerate the Innocent
Is Cellebrite DI Ltd. (CLBT) a Profitable Investment?
Cellebrite Appoints Adv. Ayala Berler Shapira as General Counsel
growth-positive
Cellebrite, Chainalysis Team Up Against Crypto Crime
Digital intelligence firm Cellebrite has partnered with blockchain data platform Chainalysis to combat criminal cryptocurrency activity. The partnership aims to help analysts and investigators identify and assess cryptocurrency risks, including ransomware, money laundering, and scams. Cellebrites Digital Intelligence tools will receive automated, real-time cryptocurrency data and insights from Chainalysis platform. The first integrated tool from the partnership is expected to be available in Q3 2022.
PartnersCustomers
growth-positive
Cellebrite Launch of Physical Analyzer Ultra Series Transforms Industry Standard for Digital Data Examination
Cellebrite DI Ltd. has announced the general availability of the Cellebrite Physical Analyzer Ultra Series (PA Ultra Series), which is the next generation of PA and the industry standard for digital data examination. The PA Ultra Series will significantly boost Cellebrites Collection & Review offerings and enable investigation teams to process a higher volume of computer, cloud, and mobile data. Additionally, Cellebrite has released a SaaS-based version of Cellebrite Premium. These new offerings solidify Cellebrites position as a global leader in the Digital Intelligence market. The company provides a complete technology stack for data analysis and investigation management. For more information, visit the companys website.
CustomersPartners
growth-positive
סלברייט פותחת מרכז מחקר ופיתוח חדש בתל אביב - Chiportal
Celebrity (CLBT), a company developing Digital Intelligence solutions, is expanding its research and development activities in Israel. The company has launched a new research and development center in Tel Aviv and is hiring new employees, including Gil Kaminke as the Vice President of Research. The center currently has a team of 35 researchers, and the company plans to hire 10 more by the end of the year. The expansion aims to support the companys growth and meet the increasing demand for its products in the digital investigation sector. The new research center provides flexibility in recruiting talent, in addition to the companys main development center in Petah Tikva.
Expand
growth-positive
Cellebrite Named a Leader in Inaugural IDC MarketScape on Digital Forensics
Cellebrite DI Ltd. has been named a Leader in the IDC MarketScape: Worldwide Digital Forensics in Public Safety 2022 Vendor Assessment. The report highlights Cellebrites investment in R&D, customer satisfaction, and cutting-edge technology. It also acknowledges the companys focus on cloud delivery models and visual analytics. Cellebrites CEO, Yossi Carmil, emphasizes the importance of digital forensics in public safety. The report recognizes Cellebrites position as a leader in the market and its ability to address the challenges of digital investigations. The article provides an overview of IDC MarketScapes vendor analysis model and Cellebrites mission to enable customers to protect and save lives through digital intelligence solutions.
InvestmentCustomers
growth-positive
סלברייט פרסמה דוחות טובים והעלתה תחזית הכנסות ל-2021
Digital intelligence company, Celebrate, has released its first financial report as a public company, showing positive financial results and raising its annual forecast. The company reported a 23.8% revenue growth in Q3 compared to the same quarter last year, and a 29.5% growth in revenue for the year. The gross profit for the quarter was $53.9 million, and the net profit was $8.1 million. Celebrate also announced the acquisition of Digital Clues for an estimated amount of tens of millions of dollars. The companys annual forecast predicts revenue of $241.5-243.5 million and EBITDA growth of 19% for 2021.
CustomersInvestment
growth-positive
Cellebrite buys Israeli digital intelligence co Digital Clues
Cellebrite, an Israeli digital intelligence company, has announced its acquisition of Digital Clues, an Israeli digital intelligence tools company. The financial details of the acquisition were not disclosed, but market sources estimate it to be worth tens of millions of dollars. Cellebrite is using a portion of the $370 million it raised in a SPAC merger last month, which valued the company at $2.4 billion. Since being listed on Wall Street, Cellebrites share value has decreased by 20%. The acquisition is expected to strengthen Cellebrites market-leading digital intelligence platform and expand its footprint in law enforcement intelligence and investigation units worldwide. Digital Clues specializes in open-source intelligence solutions and has 20 employees. Cellebrite CEO Yossi Carmil expressed excitement about the acquisition and the opportunity to combine Digital Clues capabilities with Cellebrites comprehensive Digital Intelligence platform.
Acquisition
growth-positive
Cellebrite Announces Formation of Ethics & Integrity Committee
Cellebrite DI Ltd. has announced the formation of an Ethics & Integrity Committee to advise the Board of Directors on matters related to international law, ethical business practices, and the sale and use of the companys technologies. The committee will provide unbiased, expert advice to ensure adherence to high ethical standards. The committee is currently comprised of eight members, including experts in human rights, cybersecurity, and online child protection. The formation of the committee demonstrates Cellebrites commitment to operating in a transparent and ethical manner. The company is a global leader in Digital Intelligence solutions for the public and private sectors, empowering organizations to conduct legally sanctioned digital investigations.
Partners
growth-positive
Cellebrite Completes Business Combination with TWC Tech Holdings II Corp.
Cellebrite DI Ltd. has completed its business combination with TWC Tech Holdings II Corp., a special purpose acquisition company. The combined company will retain the Cellebrite DI Ltd. name and its shares will begin trading on Nasdaq. The transaction generated approximately $370 million in gross proceeds from cash held in trust and private investment in public equity (PIPE). Leading institutional investors and strategic investor Axon Enterprise, Inc. participated in the PIPE. Cellebrites senior management team will continue to lead the company. The transaction was approved by TWC Tech Holdings stockholders. Cellebrites CEO expressed excitement about the opportunities to expand the companys capabilities and deliver valuable solutions to its customer base. The CEO of TWC Tech Holdings believes Cellebrite is well-positioned to capture opportunities in the Digital Intelligence market.
AcquisitionPublic TradingManagement Changes
growth-negative
Human rights groups call for halt to Cellebrite Nasdaq listing
Human rights groups have published an open letter calling for a halt to the merger of Israeli company Cellebrite with a Nasdaq-listed SPAC. The letter claims that Cellebrites products pose risks to human rights and that the company continues to provide these tools to repressive regimes. Access Now, the organization behind the letter, appeals to the US Securities and Exchange Commission, Nasdaq, the SPAC company, and investors to not approve Cellebrites listing document. Cellebrite responds by stating its commitment to safeguarding human rights and its control mechanisms to ensure proper use of its technology. The company sells its technology only to approved countries and customers who comply with licensing agreements.
Public Trading
growth-positive
Cellebrite Announces Filing of a Registration Statement on Form F-4 in connection with its Proposed Business Combination with TWC Tech Holdings
Cellebrite DI Ltd., a global leader in Digital Intelligence solutions, has filed a registration statement with the U.S. Securities and Exchange Commission in connection with its proposed business combination with TWC Tech Holdings II Corp., a publicly traded special purpose acquisition company. The completion of the business combination, expected in the second or third quarter of 2021, is subject to approval by Cellebrites and TWC Tech Holdings shareholders, among other conditions. Following the closing of the business combination, Cellebrite plans to have its ordinary shares listed on Nasdaq under the new ticker symbol CLBT.
Public TradingAcquisition
growth-positive
Big winners from Cellebrite's exit: Leumi, Clal and Discount bank investment arms
Israeli digital intelligence company Cellebrite is merging with Nasdaq-listed SPAC TWC Tech Holdings Corp. II at a valuation of $2.4 billion. This merger will result in significant profits for three Israeli entities, including Leumi Partner, Clal Insurance, and Discount Capital. Leumi Partner and Clal Insurance will earn $40 million from Cellebrites offering and $35 million from their investments in the IGP Fund. Discount Capital will earn $30 million directly and $20 million from its investment in IGP. The profits are still on paper until the block on selling shares is lifted. Additionally, Leumi Partner is expected to earn significant profits from ironSources merger with Thoma Bravos SPAC, and Retailors Ltd.s IPO.
InvestmentAcquisition
growth-positive
Cellebrite, The Leading Digital Intelligence Solutions Provider, to List on Nasdaq Through Merger with TWC Tech Holdings II Corp.
Cellebrite DI Ltd., a global leader in Digital Intelligence solutions, has announced a definitive business combination agreement and plan of merger with TWC Tech Holdings II Corp., a publicly traded special purpose acquisition company. The merger will result in Cellebrite becoming a publicly listed company on the Nasdaq under the new ticker symbol, CLBT. The pro forma implied equity value of Cellebrite post-merger is expected to be approximately $2.4 billion. The transaction includes a private investment of approximately $300 million in Cellebrite ordinary shares that will be purchased directly from existing shareholders of Cellebrite.
AcquisitionPublic Trading
growth-positive
Axon and Cellebrite Partner to Help Manage and Safeguard Digital Intelligence
Axon has announced a partnership with Cellebrite to streamline investigative workflows for law enforcement agencies. The partnership will integrate Cellebrites Digital Intelligence platform with Axons digital evidence management solution, Axon Evidence, allowing agencies to manage, review, and safeguard all digital evidence in one place. The integration will be available in mid-2021.
Partners
growth-positive
Digital intelligence company Cellebrite targeting Nasdaq flotation at $2 billion valuation
Israel-based digital intelligence company Cellebrite Mobile Synchronization Ltd. is preparing to go public on Nasdaq. It is negotiating with several SPACs for a potential merger and is also considering an IPO. Cellebrite has hired JP Morgan to lead its public offering and aims for a valuation of $2 billion. The company specializes in mobile forensics and provides technology for mobile data extraction to law enforcement, intelligence agencies, military entities, law firms, and security firms. Cellebrite has been involved in several lawsuits. It is owned by Sun Corporation and acquired BlackBag Technologies Inc. for $33 million. The company has 700 employees, with its headquarters and R&D center in Israel.
Public TradingExpand
growth-positive
Israeli developed FBI surveillance technology is now being used by schools in the U.S.
Israeli company Cellebrites forensic system, which gains access to smartphones, is being used by U.S. school districts to retrieve information from students phones. The system is not only used by law enforcement agencies but also by schools for various purposes. One example is a school in Shelbyville, Texas, which used Cellebrites system to uncover an illegal relationship between a student and a teacher. Other school districts in Texas have also purchased smartphone forensic systems. The second largest school district in the U.S. uses Cellebrites tool to uncover abuse from school faculty. Cellebrite emphasizes that it does not relay personal information and requires customers to follow the laws of their jurisdiction.
Customers
N/A
https://www.officer.com/investigations/press-release/21202487/cellebrite-digital-intelligence-data-forensics-for-investigations-leading-research-firm-details-vision-and-roadmap-to-digital-policing-transformation
The article does not provide any information about the company or its activities.
growth-positive
Cellebrite Announces Industry's First All-In-One Solution For Data Triage & Collection from Windows & Apple Computers
Cellebrite announced the launch of Digital Collector, a triage and data collection tool for Windows and Apple computers. The tool is designed for investigators in law enforcement and the enterprise and includes features for quick triage, live data acquisitions, and forensic imaging. It will be crucial for cases involving corporate IP theft, financial crimes, child exploitation, and more. The release of Digital Collector is part of Cellebrites efforts to provide a comprehensive suite of Digital Intelligence solutions. The company plans to introduce new computer access and analysis capabilities throughout the first half of 2021. Current MacQuisition customers with SSD devices will be able to install the new software for Digital Collector. The article does not mention any specific customers, partners, investment or acquisition amounts, layoffs, or the date of the event.
Customers
https://finance.yahoo.com/news/cellebrite-strengthens-board-directors-appointment-130000778.html
growth-positive
Israeli cyber intelligence co Cellebrite signs deal in UAE
Israeli cyber company Cellebrite signed a $3 million deal with a government agency in Abu Dhabi. Cellebrites tools are used by law enforcement, military, intelligence agencies, and major corporations for data analysis and investigations. The deal was brokered by former Mossad executive David Meidan. Cellebrite has faced petitions demanding supervision by the Ministry of Defense due to concerns about its customers regimes.
Partners
growth-negative
Cellebrite to Stop Selling Its Digital Intelligence Offerings In Hong Kong & China
Cellebrite, a global leader in Digital Intelligence solutions, has announced that it will stop selling its solutions and services to customers in Hong Kong and China due to a change in U.S. regulations. The company regularly reviews and updates its compliance policies to ensure it operates according to international rules and regulations. Cellebrite provides software solutions, analytic tools, and training for digital investigations in law enforcement, government, and enterprise organizations.
Customers
growth-positive
Cellebrite Announces The Launch Of The Digital Intelligence Readiness Navigator
Cellebrite has launched its DI Readiness Navigator, a tool that enables law enforcement and intelligence agencies to assess their ability to manage digital investigations effectively. The tool provides a questionnaire and produces a customized report, highlighting areas where agencies can improve their access, management, and analysis of digital evidence. The DI Readiness Navigator aims to help agencies modernize and create standard operating procedures for the use of digital data in investigations. Cellebrite is a global leader in Digital Intelligence solutions for law enforcement, government, and enterprise organizations.
Customers
growth-positive
Cellebrite Announces New Additions to Its Executive Management Team
Cellebrite, a global leader in Digital Intelligence solutions, has announced the appointment of three new executives to its management team. Ronnen Armon has been appointed as Chief Product & Technology Officer, Miri Mishor-Goldenberg as SVP of Customer Services, and Marque Teegardin as General Manager North America. The new executives will work together to continue Cellebrites global growth and further cement the companys Digital Intelligence market leadership. The company has grown significantly in the past year, with the acquisition of BlackBag Technologies in January 2020.
Management ChangesAcquisitionExpand
growth-positive
Cellebrite Adds Cryptocurrency & Blockchain Investigations Solution to Industry Leading Digital Intelligence Platform
Cellebrite has launched Cellebrite Crypto Tracer, a cryptocurrency investigation solution designed to accelerate investigations involving blockchain technology and cryptocurrency. The solution empowers teams to lawfully obtain evidence and trace criminals who use bitcoin and other cryptocurrencies for illicit activities. The Cellebrite Crypto Tracer Solution is powered by CipherTrace and provides tools, investigation services, and training programs for investigators, analysts, and non-technical agents. It allows investigators to reveal illicit transactions using cryptocurrencies and provides full visibility into the lifespan of cryptocurrency transactions. The solution also includes cryptocurrency investigation services and training. Cellebrite aims to use the power of Digital Intelligence to identify illicit blockchain activity and enhance community safety.
PartnersCustomers
growth-positive
Cellebrite Appoints Alon Klomek Chief Business Officer
Cellebrite has appointed Alon Klomek as Chief Business Officer (CBO) to expand the companys Digital Intelligence footprint. Klomek will be responsible for sales, training, and the development of professional services. Cellebrite helps clients solve over five million cases a year and offers software solutions and analytics tools for digital investigations. The company has experienced extensive growth, including the acquisition of BlackBag Technologies in January 2020 and the rebranding of its Digital Intelligence Solutions in May 2020.
Management Changes
growth-positive
Cellebrite Rebrands Digital Intelligence Solutions Suite
Cellebrite, a global leader in Digital Intelligence solutions, has rebranded its product suite to reflect its commitment to lead and shape the expanding space of Digital Intelligence. The company aims to enable customers to create safer communities through digital transformation. The rebranding includes new product names and enhanced capabilities for accessing, managing, and analyzing data. Cellebrite offers solutions for law enforcement, government, and enterprise organizations, helping accelerate digital investigations and address crime and security challenges in the digital era. The companys growth is driven by the increasing demand for its Digital Intelligence solutions. The article does not mention any specific customers or partners.
CustomersPartners
growth-positive
Digital Intelligence Company Cellebrite Signs $7.9 Million Deal with Law Enforcement Agency in Asia
Cellebrite, an Israeli digital intelligence company specializing in mobile forensics, has signed a $7.9 million deal with a national law enforcement agency in Asia. The three-year deal will provide the agency with Cellebrites technology for accessing, analyzing, and managing evidence for digital investigations. Cellebrite will also offer certification and training to the agencys dedicated teams. This comes shortly after Cellebrite announced plans to send 70 employees on furlough. In June, Sun Corporation sold a 25% stake in Cellebrite to Israel Growth Partners for $110 million.
CustomersInvestment
growth-positive
Cellebrite Unveils the Top Global Digital Intelligence Trends for 2020
Cellebrite, a global leader in Digital Intelligence solutions, has published its Annual Digital Intelligence Industry Benchmark Report for 2020. The report highlights the increasing role of digital data in law enforcement cases and the need for agencies to adapt to this trend. It also emphasizes the importance of faster extraction of digital evidence in the field and the use of modernization initiatives to attract tech-savvy officers. The report reveals that lab examiners are facing data and device overload, and storing and sharing digital evidence is a key concern for agency managers. Budget and overtime constraints are limiting digital investigation efficiency, and there is a high demand for digital data analytics for investigations. The report suggests the use of artificial intelligence and data unification to handle the growing complexity of digital investigations. Overall, the article has a positive impact on Cellebrites growth as it positions the company as a leader in the Digital Intelligence industry.
CustomersPartners
growth-positive
Israeli co Cellebrite buys US co BlackBag for $33m
Cellebrite, an Israeli digital forensic company, has announced its acquisition of US computer forensic acquisition and analysis solutions company BlackBag Technologies for $33 million. The acquisition will expand Cellebrites portfolio of digital intelligence solutions, allowing the company to collect and analyze data from mobile phones, PCs, tablets, computer clouds, and civilian drones seized by security forces. Cellebrites customers are primarily law enforcement agencies. The acquisition is expected to support the growing market needs for digital intelligence solutions.
Acquisition
growth-positive
On Heels of IGP Deal, Cellebrite To Bolster Israeli R&D With 100 People
Israel Growth Partners (IGP) has acquired a 25% stake in Cellebrite Mobile Synchronization Ltd. for $110 million. Cellebrite announced plans to recruit 100 new employees for its development operations in Israel. Cellebrite specializes in mobile forensics and provides devices for mobile data extraction to various organizations. The company currently employs 700 people, with 500 of them in Israel.
Expand
growth-positive
IGP Acquires 25% Stake in Mobile Forensics Firm Cellebrite for $110 Million
Mobile forensics company Cellebrite has sold a 25% stake to Israel Growth Partners (IGP) for $110 million. IGP partnered with Israeli institutional investors for the deal. Cellebrite specializes in mobile forensics and its devices are used for mobile data extraction by various organizations. The sale of the stake is a growth-positive move for the company.
Investment
growth-positive
Israeli digital forensics firm Cellebrite gets $110 mln IGP investment
Cellebrite, a mobile data extraction software company, has received a $110 million investment from IGP Capital. The investment values Cellebrite at $440 million and allows the company to accelerate growth through organic means and acquisitions. The investment will give Israel Growth Partners (IGP) a 25% stake in Cellebrite. This funding will support Cellebrites software, which is used by law enforcement, government agencies, and businesses to unlock and extract data from mobile devices.
Investment
growth-positive
Cellebrite Now Says It Can Unlock Any iPhone for Cops
Israeli forensics firm and law enforcement contractor Cellebrite has announced a new version of its product, UFED Premium, which can unlock any iOS device, including the latest iOS 12.3, and extract files from recent Android phones. This move marks a more public phase of the ongoing security face-off between smartphone makers and government-sponsored hacking firms. Cellebrites announcement comes after Apple introduced new security measures that affected another iPhone-unlocking tool, GrayKey. Cellebrites new tool is seen as a competitor to GrayKey and aims to win back customers. The companys public announcement of its capabilities is surprising, but it may have been influenced by the rising publicity around more aggressive hackers like NSO Group.
PartnersCustomers
growth-positive
IGP in talks to buy stake in digital forensics co Cellebrite
Israel Growth Partners is in talks to buy a 25% stake in Cellebrite at a company valuation of several hundred million dollars.
Investment
growth-positive
Israel fund to up to buy 30 pct of Cellebrite from Sun -report
Israel Growth Partners (IGP) fund has signed a deal to acquire 25-30% of Cellebrite, an Israeli maker of mobile forensics technologies, from Japans Sun Corp. IGP will pay $150 million for the stake, valuing Cellebrite at $600 million. The deal is expected to close in the next three weeks.
Investment
growth-positive
Cellebrite and Relativity Partner to Deliver Data From Mobile Devices Directly into Relativity and RelativityOne
Cellebrite has announced the launch of Legalview for Relativity and RelativityOne, a solution that makes it easier and faster to input and analyze data from mobile devices for litigation and digital investigations. The integration of Cellebrites extraction and decoding solutions with Relativitys e-discovery platform allows organizations to quickly access and analyze data from mobile devices. The solution automatically converts mobile data to a format supported by Relativitys platform. This partnership between Cellebrite and Relativity provides legal professionals with a tool to save time and money during the review process. Cellebrite Legalview is available in the Relativity App Hub. Cellebrite is a global leader in digital intelligence solutions, while Relativity is a software company that helps users organize and analyze data.
Partners
growth-positive
Cellebrite Adds Customizable AI-Driven Digital Evidence to Its Analytics Solution
Cellebrite has announced a new AI-driven customization capability as part of its Analytics Solution. This technology allows investigators and lab practitioners to create customized digital media categories to find and surface video and image evidence relevant to their investigations. The new capability complements the existing pre-defined electronic media categories. With this machine learning capability, law enforcement can quickly create new categories and train the system to find pertinent images. This reduces the time needed to find evidence and helps solve cases more quickly. Cellebrites AI-powered Analytics Desktop solution also adds powerful analysis capabilities to investigations.
Customers
growth-positive
Hi-Tech Device Being Used to Solve Sharon & Monica's Murders [Video]
Cellebrites Universal Forensic Extraction Device (UFED) is being used by the Government to solve high profile crime cases. The device can retrieve data from a wide range of phones, even while they are switched off or information deleted. It can crack any passkey and access texts, locations, photos, and other crucial information from all smartphones in under one hour. The technology is being used extensively in Kenya, where the government has used it to do forensics on phones linked to recent murders. The device has received criticism for intruding into individuals personal data, but it has proven effective in cracking crime cases involving high profile figures.
Customers
growth-positive
Cellebrite Receives Distinguished Recognitions for Online Digital Forensics Training & Certification Program
Cellebrite, a leading provider of digital intelligence solutions, has received official certification for its online forensic fundamentals and core certification programs. The company was also awarded an Omni Award for its Cellebrite Reader course. These achievements reinforce Cellebrites reputation and commitment to providing superior training for law enforcement, military, intelligence, and private sector practitioners. The certifications were granted by Quality Matters, an international organization that supports quality assurance in online education. The Omni Awards recognize outstanding achievements in film, video, web, and mobile media. Cellebrite Training has delivered over 1600 classes worldwide and certified nearly 20,000 law enforcement professionals. The company offers a robust education catalog for digital forensic professionals.
Partners
growth-negative
Cellebrite requires trust in law enforcement
The article discusses the use of Cellebrite, a new technology used by law enforcement agencies to extract text messages and media from confiscated cell phones. While it can be useful in criminal investigations, there are concerns about privacy violations and potential abuse of power by law enforcement. The article raises questions about the balance between privacy and law enforcement needs. The impact on Cellebrite is growth-negative due to the privacy concerns raised. The key issue discussed is the potential violation of privacy. The article does not mention any specific customers or partners. The date of the event described in the article is not provided. The confidence level of the answer is 8.
Customers
growth-positive
New 'textalyzer' technology could tell police if texts contributed to crash
Chicago aldermen are considering the use of a textalyzer, a device developed by Israeli company Cellebrite, to determine if a driver had been texting at the time of a crash. The textalyzer would allow police officers to detect phone usage while protecting user privacy. However, legal experts question its admissibility as evidence in court if multiple people were in the car. Ald. Beale hopes discussing the textalyzer will pressure phone companies to develop their own technology to prevent texting and driving. In the meantime, better enforcement of existing laws is needed. Citations for texting while driving have decreased since 2014 when the law was implemented.
CustomersPartners
growth-negative
Phone-Cracking Cellebrite Software Used to Prosecute Tortured Dissident
Israel-based firm Cellebrite, which specialises in software that breaches cellphones, is under scrutiny for its potential role in human rights abuses. The companys technology, which can extract and make searchable virtually all data from a phone, has been used by the Bahraini government, known for its human rights violations. The technology was used to extract data from the phone of political activist Mohammed al-Singace, who was arrested in 2013. The data was used as evidence in his trial. Cellebrite has not confirmed whether it sells its software to repressive regimes.
Customers
growth-positive
Israeli firm can steal phone data in seconds
Israeli firm Cellebrite is a leading hacking company that provides technology to unlock smartphones and extract data. The company has contracts with governments in over 115 countries and gained global prominence when it was reported that the FBI used its technology to crack the iPhone of a San Bernardino shooter. Cellebrites technology can retrieve a wide range of information from devices, including deleted messages. However, privacy advocates are concerned about the potential for abuse. The company sells its products to law enforcement agencies and has seen high growth in Asia. Cellebrite remains confident in its ability to crack even the newest iPhones. The company vets clients and claims to respect local laws, but rights groups argue that it has a responsibility to ensure its technology is not used for human rights violations.
Customers
growth-negative
https://www.scmagazine.com/report-mobile-hacking-firm-cellebrites-firmware-made-available-to-public-by-reseller/article/568639/
Israeli mobile forensics firm Cellebrite may have its methods exposed after a reseller partner made the companys firmware and software publicly available to download. This could potentially allow researchers and competitors to reverse-engineer them and uncover exploits that the firm uses to break into phones. The potential damage may be limited as access to the solutions requires a license key and Cellebrite keeps its most sensitive capabilities in-house.
Partners
growth-positive
FBI, DEA and ICE are top Cellebrite customers so far in 2016
The article discusses the government customers of Cellebrite in 2016, with a focus on the FBI, ICE, and DEA. It mentions the purchase orders made by these agencies and highlights the significant amount of money spent by the government on Cellebrite. The article also mentions the ongoing debate about whether the FBI is using Cellebrite to crack the encrypted iPhone of the San Bernardino shooter. The article provides a list of government departments and agencies that have been the biggest customers of Cellebrite. The date of the event described in the article is not mentioned.
Customers
growth-positive
Cellebrite Invests $2.25 Million in Cellomat, Providing World's First 24/7 Point of Sales/Service for Mobiles
Cellebrite, an Israeli company that offers forensic technology to aid criminal investigators, has announced a $2,250,000 investment in Cellomat, an Israel-based company providing the world’s first automated 24/7 point of sales/service system for mobile devices. The collaboration with Cellomat brings an additional self-service channel to mobile retail and repair operations around the globe. Cellebrite says that it will continue research into possible integration paths to combine the company’s capabilities and solutions with the Cellomat platform.
InvestmentPartners
Cellebrite Team
Employee Info
| Employees (range) | 500+ |
| Exact count | 1231 |
| Team members | 5 |
Similar Companies
Similar companies data is computed dynamically and not stored in the entity profile. This section requires implementing a similarity query (e.g. by classification overlap, sector, district).
This entity has 12 classification IDs that could be used for matching.
Cellebrite Internal
Recent Updates
No update log entries.
Note: Free-text notes visible in the original Finder "Internal" tab are not present in the imported profile data. Only the update audit log is available.
Admin Info
| Confidence | 91/100 |
| Missing | video or image, markets, not claimed |
| BI Verification | Yanina Wainscheinker |
| Registrar ID | 512766577 |
| Crunchbase | cellebrite |
| Phone | +972733948000 |
| Creator | Yanina Wainscheinker |
| Creator email | yanina.wain@gmail.com |
| Last updater | Dana Arnon |
| Updater email | dana.arnon@mail.huji.ac.il |
| Last update | 2023-12-17T00:00:00.000Z |
| Created | 2014-09-16T00:00:00.000Z |
| Claimed | Yes |
| Status detail | Acquired by SUNCORPORATION on Jan, 2007 |