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Cybersecurity Funding

NewCore Emerges From Stealth Mode With $66 Million in Funding

The startup has built a security-first identity platform to protect humans, machines, and AI agents.

Funding

Israeli cybersecurity startup NewCore today emerged from stealth mode with $66 million in seed funding from Cyberstarts, Index Ventures, and Evolution Equity Partners.

Founded by cybersecurity veterans and Israeli intelligence alumni Zohar Alon (CEO), Amihai Neiderman (CTO), and Erez Yarkoni (CRO), Tel Aviv-based NewCore has built a security-first identity platform for the agentic enterprise era.

The solution aims to secure human, machine, and agentic identities across an organization’s environments, using an architecture purpose-built to reduce risks, manage access, and eliminate exposures.

According to NewCore, its platform relies on Secure Split Key (SSK) to eliminate an entire class of attacks plaguing SAML signing infrastructure, including adversary-in-the-middle session theft, Golden SAML, and token replay.

NewCore’s platform was developed with agentic governance as a core design constraint and features an integration package that supports leading agents, including Claude Code, Codex, and Cursor.

It also provides out-of-band user verification through hardware-bound credentials that are impervious to relay, replay, and social engineering.

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NewCore designed its platform to continuously discover and map identities, including shadow accounts, orphaned credentials, and ungoverned agents.

According to NewCore, its platform can be deployed in hours, courtesy of an agent-driven coexistence model that migrates existing federations and policies to provide zero downtime.

“Identity is broken, but it has become the control plane of the modern enterprise. We not only built NewCore for the workforce that actually exists today, one of humans, machines, and agents, but we built it security-first from day one. The goal isn’t just to manage identity better. It’s to remove categories of risk that the industry and our customers have lived with for too long,” Alon said.

Related: Cyera Raises $600 Million at $12 Billion Valuation

Related: Aryon Security Raises $29 Million in Series A Funding

Related: A Security Raises $37 Million for Autonomous Offensive Security Platform

Related: Emphere Raises $2.1 Million for AI-Powered Vulnerability Remediation

Written By

Ionut Arghire is an international correspondent for SecurityWeek.

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