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Jun 15, 2026
Analyzed by Llama- 4 Scout 17B 16E Instruct

NewCore Emerges with $66M to Give AI Agents Identities

AI Summary
NewCore, a cybersecurity startup, has emerged from stealth with $66 million in funding to develop identity management solutions for AI agents as they become increasingly prevalent in the workforce.

The Rise of AI Agents as Employees

Cybersecurity startup NewCore emerged from stealth with $66 million in funding on Monday, aiming to solve a challenge it believes many companies will soon face as they deploy AI agents: how to authenticate, govern, and control them at scale.

The Funding and Valuation

The seed round was led by cybersecurity-focused venture firm Cyberstarts, with participation from Index Ventures and Evolution Equity Partners, valuing NewCore at $300 million after investment.

The Need for AI Agent Identity Management

Companies are increasingly treating AI agents as workplace participants rather than software tools. Goldman Sachs last year tested AI coding agent Devin as a new employee, while McKinsey said earlier this year that 25,000 AI agents already work alongside its 60,000 employees. NewCore is betting companies will eventually need to manage those digital workers much like human employees.

The Founding Team

NewCore was co-founded by Zohar Alon, Amihai Neiderman, and Erez Yarkoni, a team with experience in cybersecurity and AI. Alon, who previously founded cloud-security startup Dome9 before its acquisition by Check Point, believes that identity systems have become one of the weakest links in enterprise security.

The NewCore Platform

NewCore’s platform is designed to manage both human and AI-agent identities in a single system. The startup says AI agents should be treated as first-class identities with their own permissions, lifecycle controls, and revocation mechanisms, rather than as traditional service accounts or machine credentials.

The Future Outlook

Alon predicts AI agents could outnumber human employees at many technology-focused organizations within a few years. Identity, Alon said, is likely to become one of the first enterprise systems strained by large-scale deployment of AI agents, arguing that companies will eventually need new ways to monitor, authorize, and revoke software workers operating across their networks.