NewCore secures $66M seed funding for AI ready identity platform

Israeli cybersecurity startup NewCore has raised $66 million in seed funding from major investors including Cyberstarts and Index Ventures. The company, founded by veterans of Israeli intelligence, has developed a security-first identity platform aimed at managing human, machine, and agentic identities within organizations. Key features of the platform include the Secure Split Key technology to protect against attacks on SAML infrastructure, rapid deployment capabilities, and integration with leading AI agents.

NewCore aims to reduce identity-related risks and enhance governance by identifying and managing unauthorized accounts and credentials.