SecurityBusiness

NewCore raises $66M to give AI agents enterprise identities

The main point: Cybersecurity startup NewCore exits stealth with $66M in seed funding to build an identity and governance platform for AI agents in the workplace.

In detail

  • Seed round: $66M led by Cyberstarts, with Index Ventures and Evolution Equity Partners
  • Post‑money valuation: $300M
  • Platform purpose: manage human and AI‑agent identities together with agent‑specific permissions, lifecycle controls and revocation
  • Founders: CEO Zohar Alon, CTO Amihai Neiderman, CRO Erez Yarkoni

Why it matters

As companies treat AI agents as workplace participants, traditional IAM systems may not scale or provide needed controls; a dedicated identity layer for agents addresses access, auditing and revocation challenges that raise security and compliance risk.

For you Takeaway: Audit your IAM for non‑human identities, map where agents will need unique permissions, and plan for lifecycle and revocation controls before deploying autonomous agents.

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