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Legal Tech Startup Spotlight: Cellebrite

Spotlight on: Cellebrite

Description
Cellebrite DI Ltd is an Israeli digital intelligence company that provides tools for federal, state, and local law enforcement as well as enterprise companies and service providers to collect, review, analyze and manage digital data. Some of its products include Cellebrite UFED, Cellebrite Physical Analyzer, Cellebrite UFED Cloud, Cellebrite Frontliner, Cellebrite Responder, Cellebrite Premium, and Cellebrite Seeker.

Most Recent Financing Status
(as of 21-Jan-2022)
The company received $300 million of development capital from Axon Enterprise, Light Street Capital Management and Makena Capital Management on August 30, 2021 through a private placement. Concurrently, the company acquired TWC Tech Holdings II through a reverse merger, resulting in the combined entity trading on the Nasdaq Stock Exchange under the ticker symbol CLBT on August 30, 2021. The transaction reflects an implied equity value for the combined company at an estimated $2.4 billion.

Founder: Yossi Carmil

HQ Location: Petah Tikva, Israel

Employees: 945

Total Raised to Date: $410.00M

Post Valuation: $2.40B

Size Multiple: 79.4x Median (99th percentile)

Institutional Investors:

  • Axon Enterprise
  • Light Street Capital Management
  • Makena Capital Management
  • TWC Tech Holdings II

To learn more about Cellebrite, visit their website or follow them on LinkedIn or Twitter.

Source: Pitchbook, October 2022


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