NewCore Launches with $66M for AI Identity Security

NewCore has launched with $66 million in funding for its new identity security platform. This platform is designed for enterprises managing human users, machines, and AI agents. The company is backed by Cyberstarts, Index Ventures, and Evolution Equity Partners. NewCore aims to address the growing security concerns around identity within businesses. Older identity systems were built for human access to web applications. Today's companies must also manage service accounts, machine identities, and AI agents. These non-human entities can request access, take actions, and interact with production systems. NewCore's platform helps discover, secure, and govern both human and agentic identities from a single location. Its features include AI agent governance, phishing-resistant authentication, and hardware-bound credentials. The platform also offers an integration package for coding agents like Claude Code, Codex, and Cursor, allowing them to operate within existing enterprise identity controls. This matters because it helps businesses manage and reduce identity-related risks, especially as AI agents become more common in daily operations.