Welcome to our dedicated page for Cellebrite Di news (Ticker: CLBT), a resource for investors and traders seeking the latest updates and insights on Cellebrite Di stock.
Cellebrite DI Ltd (NASDAQ: CLBT) provides authoritative digital intelligence solutions to law enforcement and enterprises worldwide. This news hub offers investors and professionals a centralized resource for tracking corporate developments, technological advancements, and strategic initiatives shaping the digital forensics sector.
Access timely updates including earnings reports, product launches, partnership announcements, and regulatory filings. Our curated collection ensures stakeholders stay informed about critical developments affecting investigative technology markets, cybersecurity trends, and Cellebrite’s position as a leader in legally sanctioned data analysis solutions.
Key updates cover innovations in mobile device forensics, cloud data extraction tools, and enterprise-grade investigative platforms. Regular monitoring of this page provides insights into Cellebrite’s subscription revenue growth, global expansion efforts, and responses to evolving data privacy regulations.
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Cellebrite has been awarded the 2022 North American Customer Value Leadership Award by Frost & Sullivan, recognizing the company's expertise in Digital Intelligence (DI) solutions. With over 60,000 product licenses across 130 countries, Cellebrite aims to enhance customer operations and digital forensic intelligence. CEO Yossi Carmil emphasized the company's commitment to addressing customer needs in the evolving DI landscape. The company offers innovative solutions, including a cloud-based evidence management system and an open-source intelligence product, enhancing investigation efficiency. Frost & Sullivan noted Cellebrite's focus on improving customer ROI and retention through exceptional service and technology. This award highlights Cellebrite’s role as a leader in the DI sector.
Cellebrite has launched Pathfinder X, an advanced AI-enabled investigative analytics solution designed to enhance digital investigations. The software features cloud deployment through AWS and Azure, a hub and spoke deployment format for dispersed teams, and robust user management for security compliance. Pathfinder X improves data mapping and helps identify persons of interest from various data sources, streamlining investigations. The technology has already shown effectiveness in ongoing cases, including a recent investigation by the Lake Jackson Police Department. Notably, Cellebrite secured substantial contracts valued over $10 million with European and Australian police forces.
Cellebrite DI Ltd. (Nasdaq: CLBT) recently announced the integration of its LegalView Physical Analyzer with RelativityOne, aimed at enhancing the efficiency of corporate investigations. Scheduled for release in spring 2023, this add-on simplifies data collection and review from multiple mobile devices, addressing the growing demand for swift mobile data handling in legal contexts. Chris Brown from Relativity highlighted the integration's potential to optimize evidence management, while Ken Basore of Cellebrite emphasized its role in conserving resources and improving workflows for legal investigators. This collaboration is set to be showcased at Legalweek from March 20-23, 2023.
Cellebrite reported a strong financial performance for Q4 and the full year 2022, with Annual Recurring Revenue (ARR) reaching $249 million, up 33% year-over-year. Q4 revenue was $74 million, representing a 9% increase year-over-year, with subscription revenue at $62.3 million, up 24%. The company's recurring revenue retention rate stood at 130%. Adjusted EBITDA for Q4 was $16.1 million, achieving a 21.8% margin. For 2023, Cellebrite expects ARR to be between $300-$310 million and total revenue between $305-$315 million, indicating continued growth potential.
Cellebrite DI Ltd. (Nasdaq: CLBT), a leader in Digital Intelligence solutions, announced a significant collaboration in Brazil with The Exodus Road, an anti-human trafficking nonprofit. In 2022, their joint efforts with Brazilian law enforcement resulted in nine operations that directly freed 152 trafficking survivors and led to the arrest of 20 traffickers. Cellebrite provided crucial funding and technology support to enhance the effectiveness of these operations. Both organizations emphasize the ongoing need to combat human trafficking, with Cellebrite committed to ongoing support and training for law enforcement.
Cellebrite, a digital intelligence leader, revealed in a recent study that hybrid work is complicating data collection for eDiscovery professionals, hindering investigations into corporate fraud, IP theft, and sexual harassment. Key findings from 550 professionals in 45 countries include that 70% cite offsite mobile device access as a major challenge, 63% mention difficulties with messaging apps like WhatsApp, and 56% face issues accessing remote employee data. To address these challenges, Cellebrite's Endpoint Inspector offers targeted data collection solutions, enabling efficient handling of digital evidence across various platforms.
Cellebrite (Nasdaq: CLBT) has secured a significant five-year agreement with a national police agency in Singapore. This partnership will utilize Cellebrite’s Premium collect & review solution to expedite the lawful collection of digital evidence, strengthening their commitment to enhancing public safety. The engagement includes advanced extraction solutions and immediate access to Cellebrite's Advanced Services team. Arthur Veinstein, President of Cellebrite International, expressed confidence in the company's ability to assist the agency in its digital transformation journey, reinforcing Cellebrite's position as an industry leader in Digital Intelligence solutions.
Cellebrite DI Ltd. (NASDAQ: CLBT) announced it will report its fourth quarter and fiscal year 2022 financial results before market open on February 15, 2023. Management will host a conference call at 8:30 a.m. ET to discuss the results. Investors are encouraged to register for the call in advance and can access a live webcast. Cellebrite provides Digital Intelligence solutions that aid organizations in digital investigations. The company emphasizes its mission to enhance public safety and streamline intelligence processes.
Cellebrite DI Ltd. has appointed Zohar Tadmor-Eilat as Chief People Officer, effective February 1, 2023, succeeding Osnat Tirosh. Zohar brings over 20 years of HR experience, previously serving as Global VP of HR at CyberArk. Her role will involve leading HR functions including recruitment and talent management. CEO Yossi Carmil expressed confidence in her ability to enhance Cellebrite's culture and support its mission of creating a safer world. The company specializes in Digital Intelligence solutions for public and private sectors.
Cellebrite DI Ltd. (Nasdaq: CLBT) has announced an extended partnership with a European national police force to deploy its Pathfinder solution across multiple sites. This major agreement enhances the police's existing data collection and review capabilities, allowing improved investigative analytics through automated data ingestion and AI-powered analysis. The initiative aims to address the technological skills gap in law enforcement by providing advanced training. Cellebrite's President highlighted that this collaboration will lead to more efficient and ethical investigations.