“We want to go head-to-head with Microsoft and Okta”: NewCore emerges with $66M to rebuild identity security | CTech

Israeli cybersecurity startup NewCore came out of stealth on Monday with fundraising rounds totaling $66 million. The capital raised consists of a $16 million pre-Seed round led by Index Ventures and Cyberstarts, and an expanded Seed round that brought total funding to $66 million. The second round was led by Evolution Equity Partners, alongside a long list of prominent angels from the local cyber industry, including Assaf Rappaport (Wiz), Yevgeny Dibrov (Armis), Ofer Ben-Noon (formerly Talon and Argus, currently at Palo Alto Networks), Ofir Ehrlich (Eon), and Yotam Segev (Cyera).

The company, which operates offices in Tel Aviv and San Francisco, develops an advanced infrastructure platform for managing and securing identities and permissions of employees, systems, and AI agents in organizations. It was founded in 2025 by three partners: CEO Zohar Alon, one of the founders of Dome9, which was acquired by Check Point for $175 million; Amihai Neiderman, founder of Nym and former…