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.
The CLBTW news page on Stock Titan aggregates coverage related to Cellebrite DI Ltd., the underlying company for the CLBTW warrants. Cellebrite’s ordinary shares trade on Nasdaq under the symbol CLBT, and the company regularly issues press releases that are furnished to the SEC on Form 6-K. These announcements provide insight into its digital investigation and intelligence business, financial performance and strategic initiatives.
Readers can expect news about Cellebrite’s AI-powered Digital Investigation Platform, which the company says enables customers to lawfully access, collect, analyze and share digital evidence in legally sanctioned investigations while preserving data privacy. Coverage often highlights how thousands of public safety organizations, intelligence agencies and businesses use its digital forensic and investigative solutions across cloud, on-premises and hybrid deployments.
Company updates frequently include quarterly financial results, commentary on annual recurring revenue and subscription trends, and discussions of non-GAAP metrics and key performance indicators. Other news items describe product and platform developments, such as enhancements to its Guardian suite, Inseyets digital forensics software, Pathfinder investigative analytics and the Cellebrite Government Cloud, which is progressing through the FedRAMP process with U.S. Department of Justice sponsorship.
Strategic announcements have also covered the agreement to acquire, and subsequent completion of the acquisition of, Corellium, a provider of Arm-based virtualization software, along with integrations that expand mobile virtualization and device analysis capabilities. Additional stories highlight partnerships and initiatives like the integration of NCMEC’s CyberTipline hash value list into Inseyets to support child exploitation investigations, as well as events such as the C2C User Summit and Digital Justice Awards.
By following CLBTW-related news, investors and observers gain context on Cellebrite’s operational focus, technology roadmap, governance developments and regulatory milestones that may be relevant when evaluating the warrants linked to CLBT.
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.
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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.
Cellebrite has partnered with Sandline Global to boost in-house investigative capabilities using Cellebrite Guardian. This multi-year agreement positions Sandline as the first private enterprise to enhance its Digital Intelligence (DI) capabilities with this advanced solution. The collaboration also aims to benefit students at the University of New Haven through funding for academic licenses for DI solutions, supporting their online Master's program in Digital Forensic Investigation over the next five years.
Cellebrite has appointed Lisa Cole as the new Chief Marketing Officer to lead its marketing strategy and execution. Aimed at enhancing brand management and demand generation, Cole's role comes at a critical time when agencies face increasing challenges due to crime and digital sophistication. Her prior experience includes leadership roles at FARO and Huron, where she received multiple awards for performance improvement. CEO Yossi Carmil emphasized that Cole's expertise will elevate Cellebrite's marketing efforts, solidifying its position in the Digital Intelligence market.
Cellebrite has launched the next generation of Cellebrite Guardian, enhancing investigative evidence management by drastically reducing time to evidence (TTE). The new solution enables evidence loading within seconds, streamlining workflows and empowering law enforcement agencies. TTE is expected to improve over fivefold, from an average of 11 hours to just 2 hours for case resolution. The solution facilitates better collaboration among investigators and simplifies digital evidence handling, ensuring swift access and review.
Cellebrite DI Ltd. (Nasdaq: CLBT) launched the next generation of Cellebrite Guardian, a secure, SaaS-based solution aimed at enhancing ethical evidence management for law enforcement. Key features include unlimited evidence storage, real-time collaboration, and strict access controls to prevent unintentional sharing of sensitive materials, particularly related to child sexual abuse. The system adheres to Security First and Zero Trust principles, ensuring compliance with UK Cloud Security Standards and SOC2. This innovation aims to streamline investigations and maintain a clear chain of custody.
Cellebrite (NASDAQ: CLBT) announced it will report its Q3 2022 financial results on November 17, 2022, before market open. The management will host a conference call and webcast at 8:30 a.m. ET to discuss these results. Investors can register in advance for the call and access the webcast through the links provided in the announcement. Cellebrite is a leader in Digital Intelligence solutions, enabling effective digital investigations for public and private sectors. The company emphasizes its mission to improve safety and privacy through its technology.
Cellebrite has appointed Ayala Berler Shapira as its new General Counsel, effective immediately. With 27 years of experience in global technology and legal domains, she will lead the company's legal and compliance organization. Previously, she served as Deputy GC of Amdocs, focusing on corporate legal matters and M&A activities. Yossi Carmil, CEO, expressed confidence in her ability to enhance the legal team's infrastructure to meet Cellebrite’s evolving needs. This leadership change is seen as a key step towards supporting the company's strategy and growth objectives.