Corellium Agrees to Acquisition by Cellebrite

Deal News | Jun 05, 2025 | Paladin

Paladin Capital Group, an investment firm specializing in technology and security, has announced that one of its portfolio companies, Corellium, has agreed to be acquired by Cellebrite. Corellium is a company known for providing advanced virtual mobile device solutions, enabling deeper insight and analysis for security professionals. Cellebrite, recognized globally for its digital investigative solutions, sees this acquisition as a strategic expansion into the field of comprehensive digital forensics and investigation. Paladin Capital Group first invested in Corellium during its Series A funding round in 2021. This acquisition aligns with Cellebrite's initiative to enhance and broaden its technological capabilities in digital investigation services, which are critical in today's technology-driven investigatory landscape.

Sectors

  • Digital Forensics and Security
  • Private Equity

Geography

  • United States – Paladin Capital Group is based in Washington, D.C., and the activities involving its portfolio company, Corellium, signify a primary geographical connection to the U.S.
  • Global – Cellebrite operates as a global leader in digital investigation solutions, signifying a worldwide geographical relevance for the acquisition.

Industry

  • Digital Forensics and Security – This industry involves the investigation and recovery of digital devices and data, crucial for legal and security purposes. Corellium and Cellebrite both offer solutions in this sector, making it relevant to the acquisition.
  • Private Equity – Paladin Capital Group is a private equity firm that invests in technology and security companies, a key player in the financial backing and strategic growth of Corellium.

Financials

  • First investment in Series A round in 2021 – Paladin Capital Group first invested in Corellium during its Series A funding round in 2021.

Participants

NameRoleTypeDescription
CorelliumTarget CompanyCompanyCorellium provides advanced virtual mobile device solutions for security specialists.
CellebriteBidding CompanyCompanyCellebrite is a global leader in providing digital investigative solutions.
Paladin Capital GroupPrivate Equity InvestorCompanyPaladin Capital Group is an investment firm specializing in technology and security, and an early investor in Corellium.