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NewCore Exits Stealth With $66M for an Identity Platform Spanning Humans, Machines, and AI Agents
NewCore 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.
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