Autonomy founder sets up tech fund
Mike Lynch, founder of Autonomy, is to set up a technology investment fund to support new companies, reports Bloomberg.
Lynch sold Autonomy to HP for over $10bn last August, and left HP in May.
He had 8% of Autonomy’s equity worth around $800m.
Lynch’s fund will be based in London but will invest worldwide.
It is said that a number of other Autonomy ex-execs will join Lynch in running the fund.