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Cellebrite DI Ltd. reports developments in AI-powered digital investigative and intelligence software for public and private sector customers. Its updates cover digital forensics, lawful device access, evidence analysis, investigative collaboration, application security and cloud deployment, including Cellebrite Government Cloud, Guardian Investigate, Genesis and Corellium.
Company news also includes federal cloud-security authorization, product releases, financial results, annual reporting, investor conference participation and product and technology leadership changes. Cellebrite’s software portfolio supports law enforcement agencies, defense and intelligence organizations, enterprises and service providers across cloud, on-premises and hybrid deployments.
Cellebrite (Nasdaq: CLBT) has announced that its investigative solution, Cellebrite Guardian, is now available on Amazon Web Services (AWS) as part of its Digital Intelligence platform. This move, made in partnership with AWS as an Advanced Technology Partner, aims to modernize investigative workflows for public safety agencies and enterprises. By leveraging AWS's capabilities, Cellebrite seeks to enhance collaboration and reduce costs related to storage and maintenance. The integration promises to streamline investigations, as highlighted by a police sergeant's endorsement of the solution's effectiveness.
True Wind Capital, a San Francisco-based private equity firm, has announced the promotions of David Hirsch, Will Heldfond, and John Gray to Principal. These promotions reflect the firm's growth, including the successful close of its second fund with $817 million in equity commitments. Hirsch focuses on industrial, government, and marketing sectors, Heldfond on financial technology and healthcare, while Gray specializes in enterprise software and consumer technology. True Wind has completed 10 platform investments and 20 add-on acquisitions since its founding in 2015.
Cellebrite (Nasdaq: CLBT) has secured a multi-year contract worth US$1.5 million for its Open-Source Intelligence (OSINT) solution, marking a significant SaaS deal. This contract follows the acquisition of Digital Clues in November 2021 and emphasizes Cellebrite’s role as a preferred technology partner for law enforcement. The OSINT solution enhances investigative workflows by enabling agencies to gather and analyze digital evidence from multiple sources efficiently, which is increasingly vital in combating crimes such as human trafficking and terrorism.
Cellebrite (Nasdaq: CLBT) announced it will release its Q4 and FY 2021 financial results on February 16, 2022, before the market opens. A conference call will be held at 8:30 AM ET to discuss these results. The call can be accessed via a US toll-free number or through an international line. This upcoming report is anticipated to provide key insights into the company's financial performance and business outlook. Investors and analysts are encouraged to stay updated through the webcast available post-call.
Cellebrite (Nasdaq: CLBT) has announced a collaboration with The Exodus Road to provide counter-trafficking training for an estimated 20,000 Brazilian police officers. The initiative introduces the TraffickWatch Academy: Brazil, featuring multimedia modules aimed at educating law enforcement on identifying and addressing human trafficking. This partnership underscores Cellebrite's commitment to enhancing digital intelligence solutions critical for modern investigations. The Exodus Road has successfully rescued over 1,500 survivors and arrested 870 traffickers globally.
Cellebrite (Nasdaq: CLBT) reported strong Q3 2021 results, with a revenue of $65.9 million, up 24% year-over-year. The company achieved a GAAP net income of $8.1 million and an Adjusted EBITDA of $15.0 million, reflecting a 22.8% margin. Subscription revenue rose 46% to $51.3 million, driving an annual recurring revenue (ARR) increase of 42% to $171 million. Cellebrite has raised its full-year revenue guidance to between $241.5 million and $243.5 million. The company continues to expand its digital intelligence solutions and completed a major acquisition.
Cellebrite (Nasdaq: CLBT) announced the release of an upgraded version of Cellebrite Guardian, a cloud-based digital evidence management system aimed at enhancing the investigative workflow for public safety agencies. The system addresses challenges of managing big data and streamlines evidence storage, sharing, and review, enabling faster resolutions of cases. Built on AWS GovCloud, it boasts enhanced security and cost-efficiency compared to manual systems. The platform is expected to be generally available in Q4 2021, reflecting Cellebrite's commitment to transforming digital investigation processes.
Cellebrite (Nasdaq: CLBT) announced on October 11, 2021 its definitive agreement to acquire Digital Clues AG, enhancing its Digital Intelligence solutions for law enforcement. The acquisition, expected to close in Q4 2021, aims to expand capabilities in open-source intelligence, which is crucial for initiating investigations. Digital Clues contributes SaaS and on-premise solutions powered by artificial intelligence, enriching investigative data. The move solidifies Cellebrite's aim to digitize the entire investigative workflow globally.
Cellebrite (Nasdaq: CLBT) announced the release of its third quarter 2021 financial results, scheduled for November 10, 2021, before the market opens. A conference call will be held at 8:30 a.m. ET on the same day, where management will discuss the financial outcomes. Cellebrite specializes in Digital Intelligence solutions for both public and private sectors, aiding in lawful digital investigations across over 140 countries. The company emphasizes its commitment to enhancing data handling for legal inquiries and promoting privacy.
Cellebrite (NASDAQ: CLBT) has launched a remote mobile data collection feature for its Endpoint Inspector, enhancing capabilities for e-discovery and corporate investigations. This solution uniquely retrieves evidence from iOS, Android devices, and computers, addressing the growing need for effective data collection amidst increasing remote work. The update simplifies the data collection process, allowing enterprises to efficiently gather critical information while maintaining employee privacy through consent mechanisms.