NewCore Innovates with $66 Million to Redefine Workforce Identity Management for the Future

NewCore's Launch: Revolutionizing Workforce Identity Management



On June 15, 2026, NewCore made a significant entry into the cybersecurity landscape by unveiling a groundbreaking identity platform specifically designed for today's agentic enterprise. This new platform emerges from a foundation of security, aiming to effectively manage identity for a workforce that comprises not just humans, but machines and AI agents as well. With $66 million raised from prominent investors such as Cyberstarts, Index Ventures, and Evolution Equity Partners, NewCore is poised to meet the evolving identity needs of modern businesses.

The founders of NewCore have diverse backgrounds in cybersecurity and enterprise IT. They bring a wealth of experience, including previous successes leading to major acquisitions in the industry. Zohar Alon (CEO), Amihai Neiderman (CTO), and Erez Yarkoni (CCO) emphasize that traditional identity management systems have struggled to keep pace with the rapid integration of AI in corporate environments. These legacy systems, developed over a decade ago, were designed to handle human employees accessing web apps. In contrast, NewCore's platform caters to the new reality where AI agents operate alongside human workers, necessitating a fresh approach to identity management.

Addressing Modern Threats



The current landscape points towards identity being the most vulnerable attack surface in enterprises. Major breaches in recent years, such as those impacting MGM and Change Healthcare, highlight a dire need for robust identity infrastructure that can handle modern threats effectively. NewCore's platform directly addresses these vulnerabilities by providing a comprehensive solution designed from the ground up to secure identities while reducing risk across the board.

One notable feature of this innovative solution is the Secure Split Key (SSK) technology, which removes single points of failure historically associated with older protocols. This closes multiple avenues for attacks that have led to significant breaches in the past. Additionally, the establishment of AI agents as first-class identities ensures they possess their lifecycle and governance attributes, fundamentally changing how identity management is approached in enterprises.

Pioneering a New Identity Architecture



NewCore’s platform excels by utilizing a unique approach to identity discovery. It continuously maps and secures all identities within an organization, addressing shadow accounts and orphaned credentials that legacy systems often overlook. Importantly, NewCore recognizes that to secure an identity, you must first have visibility into all identities—this is a major step forward in ensuring comprehensive enterprise security.

Furthermore, the platform enables Visual Multi-Factor Authentication (MFA), which enhances user verification through visibly verifiable exchanges. The shift from phishable credentials to hardware-bound credentials signifies a substantial move toward securing identities beyond conventional methods. As CIOs and security leaders face growing threats, NewCore positions itself as a critical player in the identity management space, offering a proactive solution as opposed to merely reactive measures.

Seamless Transition for Enterprises



Transitioning to NewCore's platform is designed to be straightforward and efficient. Customers can migrate within hours through an agent-driven process that preserves existing federations and policies, ensuring zero downtime during the switch. This seamless integration is key for enterprises looking to enhance their security posture without disrupting ongoing operations.

Leadership and the Road Ahead



The leadership team at NewCore is dedicated to paving a new pathway for identity management in the cybersecurity landscape. As they continue to innovate and enhance their offerings, their commitment to addressing the specific needs of today’s workforce remains paramount. Zohar Alon summed up their mission succinctly: “We built NewCore for the workforce that actually exists today, one of humans, machines, and agents.” This forward-thinking approach guarantees that NewCore stands at the forefront of a rapidly evolving industry.

NewCore is already available for enterprise clients and will showcase its platform at the Identiverse conference in Las Vegas from June 15-18, 2026. As organizations increasingly depend on technology and automation, the need for secure and efficient identity management systems is more critical than ever.

In summary, the launch of NewCore not only introduces a new identity management platform but also sets the stage for transforming how organizations think about security in an era where both human and AI agents play pivotal roles. With the challenges of today’s digital landscape, NewCore is well-positioned to lead the charge in redefining enterprise security and identity management.

Topics Business Technology)

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