AI IDENTITY STARTUP NEWCORE RAISES $66M

As organizations deploy AI agents to handle business tasks, NewCore is positioning itself to solve a growing challenge: managing digital identities for non-human workers. The startup's core argument is straightforward—enterprise security has long focused on controlling human employee access. With AI agents now performing operational roles, companies need systems to authenticate, authorize, and audit these systems at scale. NewCore's approach involves creating identities for AI agents, enabling organizations to track their actions, control their permissions, and maintain security compliance. This becomes essential as agents handle sensitive operations across cloud services, databases, and enterprise applications. The $66 million funding round signals investor confidence in this market opportunity. As AI adoption accelerates, the infrastructure required to safely integrate autonomous agents into existing security frameworks has become a tangible business need. The company joins a growing category of security vendors adapting to an AI-driven workforce.