On Heels of IGP Deal, Cellebrite To Bolster Israeli R&D With 100 People
Israel Growth Partners (IGP) has recently paid $110 million for a 25% stake in the Israel-based mobile forensic company
Golan Hazani | 10:26 26.06.2019
Israel-based mobile forensics subsidiary Cellebrite Mobile Synchronization Ltd. will be recruiting 100 new employees for its development operations in Israel, the company announced Tuesday. Earlier this month, Cellebrite's parent company Sun Corporation announced in a filing to the Tokyo Stock Exchange that it had sold a 25% stake in the Israeli company to Tel Aviv-based Israel Growth Partners (IGP) Ltd. for $110 million. Founded in 1999 and based in Petah Tikva, a town in the Tel Aviv area, Cellebrite specializes in mobile forensics and its devices are used for mobile data extraction by law enforcement, intelligence agencies, military entities, law firms, and security firms. The company currently employs 700 people, 500 of them in Israel.