Country for PR: United Kingdom
Contributor: PR Newswire Europe
Wednesday, February 27 2019 - 08:00
AsiaNet
Cellebrite Sees Continued Growth With Strong Results For 2018
PETAH TIKVA, Israel, Feb. 27, 2019 /PRNewswire-AsiaNet/ --

     A significant increase in bookings and revenue in 2018 confirm the 
company's position as the leading provider of Digital Intelligence solutions 
across the globe.

    Cellebrite [http://www.cellebrite.com ], the leading provider of digital 
intelligence solutions, today announced another record year for bookings and 
revenue. In the fourth quarter, bookings grew 13.5% and revenue increased 11% 
year on year.  Bookings for 2018 grew 33% percent, while annual revenue grew by 
35%, with a year on year improvement in EBIT of 25%, compared to the company's 
performance in 2017.

    These results reflect key business transactions in the law enforcement, 
military and intelligence sectors in all major global markets.

    Highlights for 2018 include:


    - Significant sales growth in international business particularly in LATAM 
and EMEA 
    - Enrichment of our portfolio of products with an emphasis on innovation, 
delivering increased capabilities in digital forensics, and accelerating time 
to evidence across a wider range of leading IOS and Android devices and Cloud 
applications
     - Greater adoption of our analytics product line, more than doubling the 
number of customers using these solutions
     - Offloading non-core business with the sale of Mobilogy
     - The opening of a new CAS lab in Australia, with more planned in other 
territories in 2019. 

    "2018 was yet another record year, delivering major progress in the 
execution of our long-term strategy, becoming a one stop shop offering within 
the Digital Intelligence space," said Yossi Carmil, Global Co-CEO.  "We enter 
2019 with great optimism and continued enthusiasm around our portfolio of 
solutions and offerings."

    For more information about Cellebrite, please visit the Company's website, 
http://www.cellebrite.com

    Cellebrite: Digital Intelligence for a Safer World

    Digital data plays an increasingly important role in investigations and 
operations of all kinds. Making data accessible, collaborative and actionable 
is what Cellebrite does best. As the global leader in digital intelligence 
deployed in 150 countries, Cellebrite provides law enforcement, military, 
intelligence, and enterprise customers with the most complete, industry-proven 
range of solutions for digital forensics, triage and analytics.

    By enabling access, sharing and analysis of digital data from mobile 
devices, social media, cloud, computer, cellular operators and other sources, 
Cellebrite products, solutions, services and training help customers build the 
strongest cases quickly, even in the most complex situations. As a result, 
Cellebrite is the preferred one-stop shop for digital intelligence solutions 
that make a safer world more possible every day.

    Contact:  Gary Cohen, Director of Global Communications - 
gary.cohen@cellebrite.com

Source:  Cellebrite
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