NewCore Launches with $66 Million Funding to Enhance Cybersecurity

What's Happening? Israeli cybersecurity startup NewCore has emerged from stealth mode, securing $66 million in seed funding from Cyberstarts, Index Ventures, and Evolution Equity Partners. Founded by cybersecurity veterans, NewCore aims to secure human, machine, and agentic identities within organiz

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What is the story about?

What's Happening?

Israeli cybersecurity startup NewCore has emerged from stealth mode, securing $66 million in seed funding from Cyberstarts, Index Ventures, and Evolution Equity Partners. Founded by cybersecurity veterans, NewCore aims to secure human, machine, and agentic

identities within organizations. The platform uses Secure Split Key technology to mitigate risks associated with SAML signing infrastructure. NewCore's solution is designed for rapid deployment and aims to eliminate identity-related risks in modern enterprises.

Why It's Important?

NewCore's emergence highlights the growing importance of cybersecurity in protecting organizational identities. With increasing cyber threats, the company's innovative approach could significantly enhance security measures for businesses. The substantial funding reflects investor confidence in NewCore's potential to address critical vulnerabilities in identity management, which is crucial for safeguarding sensitive data and maintaining operational integrity.