IGP (Israel Growth Partners) Together With Its Major LPs Invest $110M in Cellebrite

“As we continue our growth journey in the Digital Intelligence market, we identified the need to add a strategic partner that will support our long-term vision and our commitment to our customers,” commented Yossi Carmil, Global Co-CEO of Cellebrite. “We are pleased to announce that after careful consideration through a rigorous process we were able to successfully structure a long-term partnership with IGP.”

en flag
nl flag
fr flag
de flag
pt flag
es flag

Press Announcement

Cellebrite Mobile Synchronization Ltd., the global leader in Digital Intelligence solutions for Law Enforcement, Government and Enterprise markets, announced today [June 17, 2019] that IGP Capital signed a definitive agreement to invest $110 million in the company.

Since 2015, Cellebrite has been moving beyond its core mobile forensics offering and has redefined its strategy to make the company the leading vendor and consolidation platform in the Digital Intelligence space for Law Enforcement, Government, and Enterprise investigations. The company has focused on expanding its offering with analytics, advanced software tools and services to accelerate investigations and help customers achieve operational readiness to overcome the challenges in an ever-changing and complex digital data environment.

“As we continue our growth journey in the Digital Intelligence market, we identified the need to add a strategic partner that will support our long-term vision and our commitment to our customers,” commented Yossi Carmil, Global Co-CEO of Cellebrite. “We are pleased to announce that after careful consideration through a rigorous process we were able to successfully structure a long-term partnership with IGP.”

“IGP’s strategic decision is the ultimate recognition of our leadership position and validation of our vision and strategy in our core markets,” Carmil added. “This partnership will allow Cellebrite to accelerate our growth strategy – both organically and through acquisitions, creating significant value for our shareholders – Sun Corporation, IGP Capital and the employees of Cellebrite. We are confident that Cellebrite will benefit from IGP’s vast experience in the capital market, software analytics, M&As and the SAAS domain.”

Haim Shani, IGP’s Co–Founder and General Partner and Uri Erde, General Partner at IGP will join Cellebrite’s board of directors. “We have identified the expansive opportunity that Cellebrite has in the Digital Intelligence space,” said Haim Shani. “We were impressed by what Cellebrite’s management and employees have been able to build – a strong and committed global team, cutting edge technology, loyal global customer base, and a powerful value proposition along with commercial strength around the world.”

“We believe that Cellebrite is well positioned to capitalize on its leadership in the Digital Intelligence markets as they continue to expand and transform. We at IGP are committed to bringing our experience, financial resources, global presence and relationship in order to help the company achieve its ambitious growth plans.”

About Cellebrite

Cellebrite is committed to offering Digital Intelligence solutions for a safer world. It is the undisputed global leader in the emerging market of software solutions, AI and analytic tools that allow Law Enforcement agencies, Government and Enterprises to accelerate criminal investigations and address the challenges of crime and security in a digital world. The company’s solutions are used by more than 6,000 agencies, in over 150 countries.

About IGP Capital

IGP is an investment fund focused on Israeli-related technology companies, seeking to partner with established growth companies that have strong product differentiation, a proven business strategy at scale, a technological advantage and top-tier management teams with a passion to build large independent companies and category leadership. IGP team is made of former technology executives and seasoned investors. The team core strength is the value-added guidance they provide.  Learn more about IGP Capital: www.igpcapital.com

Additional Reading

Source: ComplexDiscovery

Business as Unusual? Eighteen Observations on eDiscovery Business Confidence in the Summer of 2020

The results of the recent Summer 2020 eDiscovery Business Confidence Survey present the unfortunate and continuing impact of COVID-19 on the business of eDiscovery. However, for these pandemic-driven results to be fully understood, they should be viewed through the contextual lens of the results of all nineteen surveys that have been administered to eDiscovery professionals since the inception of the eDiscovery Business Confidence Survey in early 2016.



Check Out the Observations Now!

ComplexDiscovery combines original industry research with curated expert articles to create an informational resource that helps legal, business, and information technology professionals better understand the business and practice of data discovery and legal discovery.

All contributions are invested to support the development and distribution of ComplexDiscovery content. Contributors can make as many article contributions as they like, but will not be asked to register and pay until their contribution reaches $5.

Sharing is Caring? ayfie Group Lists on Merkur Market of Oslo Stock Exchange

According to Johannes Stiehler, CEO of ayfie Group, in a July...

XDD Acquires Anexsys

According to David Moran, XDD President and COO, “Complementing our recent...

Missing Something? Topic Modeling in eDiscovery

The basic idea behind topic modeling, according to eDiscovery expert and...

HaystackID and NightOwl Global Merge

According to today's announcement, the NightOwl merger is HaystackID's fourth major...

A Running List: Top 100+ eDiscovery Providers

Based on a compilation of research from analyst firms and industry...

The eDisclosure Systems Buyers Guide – 2020 Edition (Andrew Haslam)

Authored by industry expert Andrew Haslam, the eDisclosure Buyers Guide continues...

The Race to the Starting Line? Recent Secure Remote Review Announcements

Not all secure remote review offerings are equal as the apparent...

Enabling Remote eDiscovery? A Snapshot of DaaS

Desktop as a Service (DaaS) providers are becoming important contributors to...

Home or Away? New eDiscovery Collection Market Sizing and Pricing Considerations

One of the key home (onsite) or away (remote) decisions that...

Revisions and Decisions? New Considerations for eDiscovery Secure Remote Reviews

One of the key revision and decision areas that business, legal,...

A Macro Look at Past and Projected eDiscovery Market Size from 2012 to 2024

From a macro look at past estimations of eDiscovery market size...

An eDiscovery Market Size Mashup: 2019-2024 Worldwide Software and Services Overview

While the Compound Annual Growth Rate (CAGR) for worldwide eDiscovery software...

Business as Unusual? Eighteen Observations on eDiscovery Business Confidence in the Summer of 2020

Based on the aggregate results of nineteen past eDiscovery Business Confidence...

A Growing Concern? Budgetary Constraints and the Business of eDiscovery

In the summer of 2020, 56% of respondents viewed budgetary constraints...

A Change in Tempo? eDiscovery Operational Metrics in the Summer of 2020

In the summer of 2020, 91 eDiscovery Business Confidence Survey participants...

Shifting Gears? eDiscovery Business Confidence Survey Results – Summer 2020

This is the nineteenth quarterly eDiscovery Business Confidence Survey conducted by...

Sharing is Caring? ayfie Group Lists on Merkur Market of Oslo Stock Exchange

According to Johannes Stiehler, CEO of ayfie Group, in a July...

XDD Acquires Anexsys

According to David Moran, XDD President and COO, “Complementing our recent...

HaystackID and NightOwl Global Merge

According to today's announcement, the NightOwl merger is HaystackID's fourth major...

Mitratech Acquires Tracker Corp

The acquisition supports Mitratech’s mission to provide legal and compliance solutions...

Five Great Reads on eDiscovery for July 2020

From business confidence and operational metrics to data protection and privacy...

Five Great Reads on eDiscovery for June 2020

From collection market size updates to cloud outsourcing guidelines, the June...

Five Great Reads on eDiscovery for May 2020

From review market sizing revisions to pandemeconomic pricing, the May 2020...

Five Great Reads on eDiscovery for April 2020

From business confidence to the boom of Zoom, the April 2020...

[New Survey]
[New Survey]