NewCore Raises $66M to Tackle AI Identity Management

NewCore, a cybersecurity startup, has emerged from stealth with $66 million in funding to address the growing need for AI identity management. The company’s platform is designed to handle both human and AI-agent identities in a single system, providing permissions, life cycle controls, and revocation mechanisms. This approach is necessary as companies increasingly treat AI agents as workplace participants, similar to human employees. NewCore’s co-founders believe that existing identity platforms are ill-suited for this future and will break under the scale and complexity of AI agents.