NewCore Emerges with $66M for AI Identity Security

NewCore, a cybersecurity startup, has emerged from stealth with $66 million in funding. The company focuses on identity security for businesses using human workers, machines, and AI agents. This funding round was backed by Cyberstarts, Index Ventures, and Evolution Equity Partners. NewCore is led by Israeli cybersecurity veterans, including Zohar Alon, who co-founded the company. He previously founded Dome9. NewCore aims to address the rapidly changing identity-security market. Many existing platforms were built for employees logging into web applications. NewCore's platform is designed to manage fast-moving machine and AI agent identities at an enterprise scale. The platform discovers, secures, and governs identities across an organization. This includes employees, service accounts, machines, and AI agents. AI agents are treated as distinct identities with their own lifecycle and trust score. NewCore's technology includes a split-key signing architecture to reduce single points of failure. It also offers phishing-resistant multifactor authentication. The company has over 50 employees in Tel Aviv and the United States. This matters because effective identity security is crucial as businesses increasingly deploy AI agents and machines that interact with sensitive data.