NewCore Emerges From Stealth With $66 Million for Identity Security Platform

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Summary

NewCore emerged from stealth with $66 million in seed funding and announced an identity platform for human, machine, and agentic identities. The company says its Secure Split Key design addresses attacks on SAML signing infrastructure.

Key points

  • Israeli startup NewCore announced $66 million in seed funding from Cyberstarts, Index Ventures, and Evolution Equity Partners.
  • The company says its platform is designed to manage human, machine, and agentic identities across enterprise environments.
  • NewCore says its Secure Split Key architecture addresses attacks on SAML signing infrastructure, including Golden SAML, session theft, and token replay.
  • The platform includes hardware-bound credentials for out-of-band user verification and discovery of shadow accounts, orphaned credentials, and ungoverned agents.
  • NewCore says its agent-driven coexistence model can migrate existing federations and policies with zero downtime.

Article Details

Event Type
Cybersecurity startup launch and funding announcement
Impact
NewCore announced its emergence from stealth with $66 million in seed funding from Cyberstarts, Index Ventures, and Evolution Equity Partners. The company says its identity platform is designed to secure human, machine, and agentic identities and reduce risks involving SAML signing infrastructure, including adversary-in-the-middle session theft, Golden SAML, and token replay.

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