Israeli cybersecurity startup NewCore has officially launched, securing $66 million in seed funding from notable investors including Cyberstarts, Index Ventures, and Evolution Equity Partners. The Tel Aviv-based company, founded by industry veterans Zohar Alon, Amihai Neiderman, and Erez Yarkoni, aims to transform identity management within enterprises.
Innovative Security Platform
NewCore has developed a pioneering security-first identity platform designed for the agentic enterprise era. The platform is engineered to protect human, machine, and agent identities across organizational environments, focusing on minimizing risks and managing access.
The platform employs Secure Split Key (SSK) technology to defend against common SAML signing infrastructure attacks, such as adversary-in-the-middle session theft and token replay. This innovation addresses vulnerabilities that have persisted in the industry for years.
Advanced Identity Management
NewCore’s platform is crafted with agentic governance at its core, featuring integrations with leading agents like Claude Code, Codex, and Cursor. It also includes hardware-bound credentials for out-of-band user verification, which are resistant to various cyber threats.
The solution continuously discovers and maps identities, including shadow accounts and ungoverned agents, ensuring comprehensive security coverage. The platform’s rapid deployment, facilitated by an agent-driven coexistence model, allows organizations to adapt without downtime.
Shaping the Future of Cybersecurity
CEO Zohar Alon emphasizes that identity has become the control plane of modern enterprises, necessitating a robust security-first approach. NewCore’s mission is to not only enhance identity management but also mitigate longstanding industry risks.
NewCore’s emergence reflects a broader trend in cybersecurity, where innovative startups are attracting significant investments. As the landscape evolves, NewCore is poised to play a key role in redefining identity security practices across industries.
For further insights, related developments include Cyera’s $600 million valuation, Aryon Security’s Series A funding, and Emphere’s AI-powered vulnerability solutions.
