As AI agents become employees, NewCore emerges with $66M to give them identities
Summary
Cybersecurity startup NewCore has emerged from stealth with $66 million in funding, reaching a $300 million valuation to address the challenges of managing AI agents as enterprise employees. Co-founded by Zohar Alon, Amihai Neiderman, and Erez Yarkoni, the company argues that traditional identity platforms are ill-equipped for a future where autonomous agents require their own lifecycle controls and permissions. NewCore provides a unified system for managing both human and AI identities, featuring a split-key security architecture and tools for human oversight of agentic permissions, aiming to replace legacy identity providers with a platform built specifically for the modern, AI-integrated workforce.
(Source:TechCrunch)