NewCore raises $66m to give AI agents a corporate identity
NewCore has come out of stealth with $66m to solve a problem most companies have not named yet: who, or what, is logging into their systems. The identity-security startup, based in Tel Aviv and San Francisco, is building a platform to govern both human employees and autonomous AI agents under one architecture, and it is doing so at a $300m valuation.
The round is really two: a $16m pre-seed led by Index Ventures and Cyberstarts, then an expanded seed led by Evolution Equity Partners that brought the total to $66m, at a $300m valuation.
The pedigree is the pitch.
Chief executive Zohar Alon previously founded the cloud-security firm Dome9, later bought by Check Point; his co-founders are Amihai Neiderman, a former Unit 8200 research leader and founder of Nym Health, and Erez Yarkoni, a one-time CIO of T-Mobile US and Telstra. Israeli security founders including Wiz’s Assaf Rappaport and Cyera’s...
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