What's Happening?
NewCore, a security-first identity platform, has emerged from stealth mode with a $66 million investment from Cyberstarts, Index Ventures, and Evolution Equity Partners. The platform is designed to address the identity challenges of the modern workforce,
which includes humans, machines, and AI agents. NewCore aims to eliminate supply-chain risks in enterprise identity systems by introducing a new architecture that supports the agentic era. The company is led by cybersecurity veterans with a history of successful ventures, including the acquisition of Dome9 by Check Point. NewCore's platform offers features such as VisualMFA for secure user verification and Secure Split Key (SSK) to prevent identity breaches. It continuously maps and secures all identities within an enterprise, including shadow accounts and ungoverned agents.
Why It's Important?
The launch of NewCore is significant as it addresses the growing complexity of identity management in enterprises where AI agents are increasingly prevalent. Traditional identity platforms, built for a different era, are inadequate for managing the security needs of a workforce that includes both human and machine identities. By providing a platform that integrates AI agents as first-class identities, NewCore offers a solution to prevent breaches that exploit outdated identity infrastructures. This development is crucial for enterprises looking to secure their systems against sophisticated cyber threats and manage the risks associated with AI and machine identities. The platform's ability to reduce risk rather than just manage access could redefine how companies approach identity security.
What's Next?
NewCore is currently available to enterprise customers and will be showcased at Identiverse in Las Vegas. As the platform gains traction, it is likely to influence how companies structure their identity management systems, particularly in industries heavily reliant on AI and machine operations. The company's approach may prompt other identity platform providers to innovate and address similar challenges. Enterprises adopting NewCore's platform can expect a seamless transition with minimal disruption, thanks to its agent-driven coexistence model. The broader adoption of such platforms could lead to a significant reduction in identity-related security breaches across industries.
