major lp invest
IGP Together with Its Major LPs Invest $110 Million in Cellebrite
Cellebrite Mobile Synchronization Ltd., the global leader in Digital Intelligence solutions for Law Enforcement, Government and Enterprise markets, announced 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. Read More: AI Venture Builder to Raise $2.5 Million to Launch AI Companies "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.