NewCore has closed a $66 million funding round to build identity infrastructure purpose-built for AI agents. The company says its technology will tackle non-human identity management and interoperability, two pain points for enterprise security teams that increasingly rely on automated systems.
What the money goes toward
The capital will fuel product development and hiring as NewCore aims to create a system that authenticates and manages AI agents the same way companies manage employee logins. Today, organizations have few standardized tools to verify that an AI agent is who it claims to be or to grant it the right permissions across different platforms.
Why non-human identity matters
AI agents are software programs that act on a user's behalf, from chatbots to automated trading bots. Without proper identity controls, a compromised agent could access sensitive data or wreak havoc inside a network. NewCore's approach focuses on giving each agent a verifiable identity that works across different enterprise systems, not just a single vendor's ecosystem.
Interoperability at the core
The company emphasizes that its infrastructure is designed to be interoperable. That means an AI agent created by one vendor could be authenticated by another company's security tools, reducing lock-in and making it easier to scale automated workflows securely.
NewCore hasn't announced a specific release date for its first product, but the funding should accelerate development in a space that's drawing increasing attention as organizations deploy more autonomous agents.
