Cellebrite went public via a SPAC merger with TWC Tech Holdings II in a $1.8bn deal.

Cellebrite, a digital intelligence solutions provider, went public via a SPAC merger with TWC Tech Holdings II, a special purpose acquisition company, in a $1.8bn deal. The PIPE investment was led by Light Street Capital, Makena Capital, and Axon Enterprise. "At True Wind Capital we are focused on investing in leading technology companies, and the Cellebrite opportunity ticks all the boxes on our wish list for a long-term investment in a public company. Cellebrite empowers public and private sector customers to drive digital transformation of the investigative workflow through its advanced technology. Importantly, Cellebrite's technology helps bring justice to victims of crimes, including cases of child exploitation, violent crimes such as homicide and sexual assault, drug and human trafficking, fraud and financial crime. We are proud to be partnering with a company that is having a real impact on these issues," Adam Clammer, TWC Tech Holdings CEO. On August 27, 2021, TWC Tech announced its stockholders approved the transaction.