NewCore emerged from stealth with a $66 million seed round and a $300 million valuation. The Tel Aviv company argues that identity systems built for human workers will not scale to companies running hundreds or thousands of AI agents.
Why it matters
Its Secure Split Key architecture divides credentials between the customer and the platform, so neither side alone holds the full key. The company says that can block session theft, Golden SAML-style forgery and token replay attacks.
NewCore is integrating with tools such as Claude Code, Codex and Cursor, plus a mobile app for approvals and emergency stops. The big question is whether enterprises will buy a new identity layer for agents or wait for Okta and Microsoft to extend theirs.
Sources: TechCrunch；SecurityWeek；Calcalist；CocoLoop