Cyber safety corporate NewCore raises $66 million | Israel Times

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The Israeli–American cyber safety corporate NewCore is rising from stealth mode and reporting the finishing touch of a vital capital elevating spherical of $66 million. The investment spherical for the corporate, which operates facilities in Tel Aviv and San Francisco, was once co–led by means of the budget Cyberstarts, Index Ventures, and Evolution Fairness Companions. Along the budget, a line of distinguished and smartly–recognized angel buyers from the native top–tech business additionally took section within the spherical, together with Assaf Rappaport (co–founder and CEO of Wiz), Yevgeny Dibrov (co–founder and CEO of Armis), Ofer Ben-Midday (CTO at Palo Alto Networks, to which he bought Talon Cyber Safety, and previously co–founding father of Argus), Ophir Erlich (co–founder and CEO of Eon), and Yotam Segev (co–founder and CEO of Cyera).

The corporate, based in 2025, is led by means of 3 founders with wealthy enjoy within the generation and cyber marketplace: Zohar Alon, who serves as the corporate’s CEO and was once previously the founder and CEO of Dome9, which was once bought by means of Take a look at Level; Amichai Shulman, founding father of Nym and previous senior safety researcher in Unit 8200; and Erez Yarkoni, who up to now served as CIO of telecom giants T–Cellular and Telstra. As of lately, NewCore employs greater than 50 workers unfold throughout its places of work in Israel and america.

The platform advanced by means of NewCore is designed to unravel one of the crucial central vulnerabilities within the company data safety international in recent times: Identification and get entry to control. Within the company international, those methods represent the gateway in which workers, methods, and distributors achieve get entry to to gear and delicate data, and their position is to ensure the person’s identification, decide which methods they’re allowed to go into, and outline what they’re authorized to do in them. Then again, the sphere has turn out to be a significant goal for attackers; an increasing number of cyber assaults these days start from the exploitation of privileges, unmonitored get entry to paths, or exploiting the innocence of customers, which permits attackers to log into the group underneath their identify, quite than essentially via an immediate breach of servers.

This problem intensifies with the access of independent gear and AI (synthetic intelligence) brokers into regimen paintings, which obtain get entry to to inner methods with out the group having complete keep watch over over who is working, on whose behalf, and to what information they’re uncovered. Opposite to the existing way out there, which advocates including layers of protection on most sensible of present identification methods that had been initially constructed and not using a safety basis, NewCore advanced a brand new company identification platform the place safety paperwork an inseparable a part of the infrastructure itself. The corporate’s platform lets in managing the permissions of workers, methods, and AI brokers in a single position, figuring out extra permissions or unmanaged accounts, and revoking get entry to to them when it’s not required. The corporate leads a conception consistent with which identification control is a essential a part of company safety, and no longer simply an operational want of IT departments.

In keeping with Zohar Alon, co–founder and CEO of the corporate, “One of the central emphases in designing NewCore’s platform is neutralizing the situation where the identity management system itself constitutes the point of failure in the corporate security array. In recent years, we have seen a significant increase in cases where it was precisely the identity system that constituted the weakest link in the organization’s defense chain. NewCore’s new architecture neutralizes the threat where one component becomes a central point of failure. We developed mechanisms that reduce to zero the risk inherent in key theft, malicious login, or privilege exploitation. In addition, the platform is designed to allow a gradual transition from old identification systems, without disrupting the activity of users or applications.”

Lior Simon, a spouse at Cyberstarts which led the seed funding within the corporate, stated: “For years, the cyber world operated such that large systems were built first of all to work, and only afterward were more and more security layers added to them. This created a situation where organizations have one identity system, and another line of products trying to protect it. NewCore changes the starting point, and builds the identity system itself as if cyber experts were building it from day one, and with the technology and models that are possible today.”

Concurrently with rising from the stealth duration and reporting the fundraising spherical, NewCore is presenting its cutting edge platform this week in Las Vegas, as a part of the Identiverse 2026 convention.

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