NewCore emerges from stealth with $66M for AI-era identity security platform

Cybersecurity startup, founded by Israeli and enterprise-IT veterans, raised funding from Cyberstarts, Index Ventures and Evolution Equity Partners as it launches a platform to secure human, machine and AI-agent identities across corporate systems

NewCore, a cybersecurity startup building identity-security technology for companies using human workers, machines and AI agents, emerged from stealth Monday with $66 million in funding.
The company said the round was backed by Cyberstarts, Index Ventures and Evolution Equity Partners. NewCore is led by Israeli cybersecurity and enterprise-technology veterans, including Zohar Alon, who previously founded Dome9, acquired by Check Point.
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NewCore founders Zohar Alon, Amihai Neiderman and Erez Yarkoni
NewCore founders Zohar Alon, Amihai Neiderman and Erez Yarkoni
NewCore founders Zohar Alon, Amihai Neiderman and Erez Yarkoni
(Photo: NewCore)
The company is entering a crowded but rapidly changing identity-security market as businesses begin deploying AI agents that can perform tasks, access systems and interact with sensitive data with limited human involvement. NewCore says existing identity platforms were built mainly for employees logging into web applications and are not designed to manage fast-moving machine and agentic identities at enterprise scale.
NewCore’s platform is designed to discover, secure and govern identities across an organization, including employees, service accounts, machines and AI agents. The company says AI agents are treated as distinct identities with their own lifecycle, trust score and revocation process, rather than being managed as traditional service accounts.
The platform includes a split-key signing architecture, which NewCore says is intended to reduce single points of failure in identity infrastructure, as well as phishing-resistant multifactor authentication and hardware-bound credentials tied to technologies such as TPM and Secure Enclave.
“Identity is broken, and yet it has become the control plane of the modern enterprise,” Alon, NewCore’s co-founder and CEO, said in a statement. “We built NewCore for the workforce that actually exists today, one of humans, machines, and agents, and we built it security-first from day one.”
Alon founded NewCore with Amihai Neiderman, the company’s chief technology officer, and Erez Yarkoni, its chief revenue officer. Neiderman previously founded Nym Health and served as a research leader in Unit 8200, the Israeli military’s elite signals-intelligence unit. Yarkoni is a former chief information officer at T-Mobile USA and Telstra.
The company said it has more than 50 employees in Tel Aviv and the United States.
NewCore says its technology can map identities across corporate environments, including shadow accounts, orphaned credentials and unmanaged AI agents. It also says customers can migrate to the platform without downtime by preserving existing federations and policies during the transition.
Lior Simon, a partner at Cyberstarts, said many enterprise systems were built first for functionality, with security added later in separate layers.
“NewCore changes the starting point, building the identity system itself as if cybersecurity experts had designed it from day one, using the technology and models that are possible today,” Simon said.
Lawrence Pingree, head of data security and AI research at Software Analyst Cyber Research, said NewCore’s architecture could affect how security executives evaluate identity risk.
“What stands out about NewCore is that security isn’t a feature layer, it’s the foundation,” Pingree said.
NewCore said its platform is available to enterprise customers and will be demonstrated at Identiverse in Las Vegas from June 15-18, 2026.
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