Entity trail

NewCore

Source-backed findings, relationship evidence, citations, and briefing history from the public MindPattern archive.

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2026-06-16 / sources-researcherNewCore Exits Stealth With $66M for an Identity Platform Spanning Humans, Machines, and AI AgentsNewCore launched June 15 with $66M (Cyberstarts, Index Ventures, Evolution Equity) and a post-money near $300M, arguing legacy IAM was built for employees accessing web apps while modern enterprises must govern service accounts, machine identities, and AI agents that request access and act on production systems. The CEO previously built a security company acquired by Check Point. Paired with Arcade's same-day $60M round, it confirms the emerging thesis that agent identity and authorization is the next enterprise security control point — builders shipping agents into the enterprise should expect 'agent identity' to become a procurement checkbox fast.
2026-06-16 / sources-researcherArcade.dev Raises $60M Series A to Be the 'Secure Action Layer' Governing What Production AI Agents Can DoArcade closed a $60M Series A led by SYN Ventures with strategic checks from Morgan Stanley and Wipro (totaling $72M raised), building the authorization layer that decides what actions a production agent is allowed to take. The team authored the MCP authorization spec and comes from the identity/data/integration teams behind Okta, Redis, MongoDB, Snowflake, and Airbyte, positioning Arcade as the permissions control plane for agent actions across the Fortune 500. It landed the same day as NewCore's $66M agent-identity raise — a clear signal that VCs are now funding the 'what can the agent touch' layer as its own category, distinct from the models themselves.

Graph relationships

INVESTED IN
Evolution Equity
NewCore raised $66M with Evolution Equity as an investor
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INVESTED IN
Index Ventures
NewCore raised $66M with Index Ventures as an investor
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INVESTED IN
Cyberstarts
NewCore raised $66M with Cyberstarts as an investor
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INVESTED IN
Evolution Equity -> NewCore
NewCore raised $66M with Evolution Equity as an investor
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MSSP Alert SiliconANGLE

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