Above: CEO of Cellebrite Yossi Carmil (right) and Yossi Ofek, CEO & Chairman of Digital Clues. Photo credit: Shay Shviro
Cellebrite has signed a definitive agreement to acquire the assets of open-source intelligence firm Digital Clues, in order to strengthens its Digital Intelligence platform. Located in Petah Tikvah, near Tel Aviv, Cellebrite provides Digital Intelligence Platform that collects data from wide range of digital devices and sources for investigative analytics by law enforcement agencies and public organizations.
The start of an investigation is time-sensitive, and information must be gathered as quickly as possible. Digital Clues’ open-source intelligence solutions kickstart law enforcement intelligence and investigation efforts when there are no targets and very few clues. It collect and connect data from many dynamic sources including the surface web, deep web, and dark web. Israel-based Digital Clues has a team of more than 20 persons.
Its technology is available both as a SaaS offering and as on-premise software. Their solutions enable the collection of large amounts of data from various sources, leveraging artificial intelligence to draw valuable insights on suspected persons or entities while enriching other digital evidence with valuable information from open sources.
Yossi Carmil, Cellebrite CEO, said that open-source intelligence capabilities provide law enforcement agencies with critical tools to capitalize on those crucial early hours of an investigation. “The team at Digital Clues has built up a strong reputation in this space and we look forward to welcoming them into the Cellebrite family.”
Yossi Ofek, CEO & Chairman of Digital Clues, will lead the open-source intelligence business efforts at Cellebrite. He said: “The demand for cloud-based and on-premises open-source intelligence solutions is driven by the increasing need for automated systems to help public safety agencies sift through the tidal wave of information hosted on the web.”
Cellebrite is traded in NASDAQ at a capital value of $1.86 billion. Its Q2 2021 revenues totaled $59.2 million, up 29% year-over-year. The acquisition is expected to close in the fourth quarter of 2021 and is subject to customary closing conditions.