CyberFOX, a cybersecurity software provider serving managed service providers (MSPs), enterprises and public sector organisations, has announced a nine-figure growth investment to accelerate the development and expansion of its next generation cybersecurity platform.
The growth financing was led by software-focused investor Level Equity, with participation from Radian Capital and continued backing from CyberFOX’s founders, industry veterans Dave Bellini and Adam Slutskin.
CyberFOX plans to use the new capital to build on recent momentum by accelerating product development, advancing its AI initiatives, supporting international expansion and pursuing strategic acquisitions designed to broaden its product suite and functionality.
The company currently serves more than 4,000 customers and has rapidly scaled its business in recent years, increasing annual recurring revenue by more than 20x since formation through the acquisitions of AutoElevate and Password Boss.
CyberFOX provides a privileged access management, password management and DNS filtering platform designed to help customers secure critical assets and sensitive data. Its mission centres on limiting end users to only the administrative access they require, strengthening overall security posture while reducing the risk of cyberattacks. The platform is designed to be intuitive and easy to use, shaped by the founders’ experience working across MSPs and a range of vertical markets.
CyberFOX CEO David Bellini said, “MSPs and smaller organizations have historically been underserved by large cybersecurity vendors, and we have purpose-built CyberFOX since inception to address that issue. 2025 was a record year for our company for new customer acquisition, and we have a number of exciting announcements on the new product front to share soon.
“Level and Radian demonstrated a thorough understanding of our industry and solution set, and are excited to help us create the first truly comprehensive platform in our market segment to assist our customers with all their security needs.”
Level CEO and co-founder Ben Levin said, “Dave and Adam have an impeccable pedigree serving both MSPs and non-MSP customers, given their previous experience building companies such as ConnectWise and Liongard, and we’re honored that they chose us to partner with them for the next leg of CyberFOX’s journey.
“With no external capital raised to date, they have become the clear leader in privileged access management, with industry-leading NPS scores and exceptional ARR growth validating this thesis. The entire CyberFOX team has been a pleasure to work with and we have immense conviction that this will be a category-defining software company.”
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