Cellebrite makes digital investigation software used primarily by law enforcement agencies, defense and intelligence organizations, and enterprises to extract, decode, analyze, and manage digital evidence from smartphones and other digital devices. The core customer use case is a detective or forensics examiner receiving a suspect's locked phone, using Cellebrite's software to access and extract data, then analyzing that data to build a criminal case. Cellebrite has roughly 7,000 customers globally, with public sector agencies accounting for over 90% of revenue. The flagship product is the Inseyets suite, which handles data extraction and decoding across a broad range of devices. A premium unlock module enables access to locked and encrypted smartphones, requiring continuous R&D as Apple and Android manufacturers update device security. Beyond forensics, Cellebrite offers Guardian, a SaaS evidence management platform; Pathfinder, an AI-powered analytics tool for multi-device investigations; and Corellium, acquired in late 2025, which provides mobile virtualization software for vulnerability research used by defense and intelligence teams. Cellebrite's business is almost entirely subscription-based, with software subscriptions representing roughly 90% of revenue. The company follows a land-and-expand model, starting with core forensics tools and cross-selling additional modules over time, reflected in a 116% dollar-based net revenue retention rate. Growth is driven by migrating legacy customers to Inseyets, expanding the unlock module attach rate, and scaling Guardian and Pathfinder, both of which remain deeply underpenetrated across the installed base.
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