The company known for cracking iPhones is making tons of money
Cellebrite, the Israeli company known for hacking into smartphones on behalf of governments, is making more money than ever. On the back of newly achieved breakthroughs against Samsung Galaxy S phones and LG products, the company announced record-high revenue for 2017 at a 38 percent jump over the same time last period. Cellebrite’s customers’ commitment to spending money — known as “booking” — grew 65 percent over 2016, an indication that the company will continue to grow. Cellebrite has a few different lines of business, but all fall under the auspices of “digital intelligence.” Most famously, the company specializes is cracking open smartphones and extracting every last byte of data. They sell that to corporations, militaries and governments with interests in gathering and understanding mobile data. In a statement on Monday, CEO Yossi Carmil announced Cellebrite added 100 new employees in the last quarter, established a new operation in Australia and began offering forensics tools […]
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