What's Happening?
NewCore, a security-first identity platform, has emerged from stealth with $66 million in funding from Cyberstarts, Index Ventures, and Evolution Equity Partners. The company aims to rebuild workforce identity management for the 'agentic era,' addressing
the needs of both human and AI agents. NewCore's platform is designed to eliminate supply-chain risks and improve security by introducing features like Secure Split Key (SSK) and VisualMFA. The platform continuously discovers and secures every identity within an enterprise, including AI agents, which are treated as first-class identities with their own lifecycle and governance.
Why It's Important?
As enterprises increasingly integrate AI agents into their operations, traditional identity management systems are becoming inadequate. NewCore's platform addresses this gap by providing a modern architecture that enhances security and reduces risk. By eliminating single points of failure and introducing phishing-resistant authentication methods, NewCore offers a robust solution to identity-related vulnerabilities. This development is crucial for enterprises looking to secure their digital infrastructure against evolving cyber threats, potentially setting a new standard in identity management.
What's Next?
NewCore is currently available to enterprise customers and will be demonstrated at Identiverse in Las Vegas. The company plans to expand its platform's capabilities and customer base, leveraging its strong leadership team and investor backing. As NewCore continues to innovate, it may influence the broader cybersecurity landscape, prompting other companies to adopt similar security-first approaches to identity management.
