Welcome to our dedicated page for Cellebrite Di news (Ticker: CLBTW), a resource for investors and traders seeking the latest updates and insights on Cellebrite Di stock.
Cellebrite Di Ltd (NASDAQ: CLBTW) delivers critical Digital Intelligence solutions for modern investigative challenges. This news hub provides stakeholders with essential updates about the company’s technological advancements, regulatory compliance, and market positioning.
Access consolidated information on product launches, partnership announcements, and financial disclosures relevant to CLBTW’s role in digital forensics and corporate investigations. Our curated collection serves investors and professionals needing to monitor developments in SaaS-based investigative tools, eDiscovery innovations, and cybersecurity capabilities.
Key updates include earnings reports, leadership changes, and technology patents across Cellebrite’s Case-to-Closure platform. All content undergoes strict verification to ensure accuracy and relevance for decision-makers in both public sector and corporate environments.
Bookmark this page for streamlined access to CLBTW’s latest developments in legally compliant data analysis solutions. Regularly updated to reflect the company’s progress in addressing evolving digital security demands.
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.
Cellebrite DI Ltd. (Nasdaq: CLBT) highlights its collaboration with the Vanderburgh Co. Cyber Crime Task Force (VCCCTF) to enhance digital intelligence capabilities. Director Jess Powers reported a significant reduction in data retrieval times from months to just three days, facilitating a 73% prosecution rate. The VCCCTF, now serving 29 agencies across 11 states, effectively processes over a thousand devices, improving felony disposition times to 137 days compared to the national average of 255 days. Cellebrite's solutions have also enabled the swift exoneration of innocent suspects.
Cellebrite reported a strong third quarter for 2022, with revenue of $71.7 million, a 9% increase year-over-year. The company achieved an Annual Recurring Revenue (ARR) of $232 million, up 35% year-over-year, and a dollar-based net retention rate of 129%. Key developments include closing 25 significant deals valued at $500,000 or more and releasing enhanced products like Cellebrite Guardian. Despite strong growth, the company warns of potential impacts from currency fluctuations on their financial outlook.
Cellebrite has announced the opening of a digital forensics lab for the Angleton Police Department, aimed at improving crime investigation efficiency. The lab, developed by Corporal Detective Cory Budnick, addresses rising crime rates in the growing population of Angleton, Texas. The City Council has approved investments in Cellebrite's UFED and Premium as a Service technologies, enhancing evidence collection processes. CD Budnick emphasizes the importance of digital evidence in modern investigations, citing a successful case where mobile data led to a conviction.
