Saturday, 9 July 2016

Billionaire Mike Lynch explains why he’s putting his money into a Cambridge cybersecurity startup that’s full of spies

This week, a relatively young cybersecurity company called Darktrace announced that it hasraised an additional $65 million(£50 million) at a suspected valuation of over $400 million (£308 million).

That’s impressive in the current economic climate. No other UK tech startup has announced a funding round anywhere near that size since the UK voted for Brexit.

We caught up with Mike Lynch — the billionaire founder of enterprise software firm Autonomy and Darktrace’s first big name investor — to find out why he decided to put his money into the company. For the full article click here 



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