Lynch invests in cyber security

Tim Wallace
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BRITISH technology guru Mike Lynch yesterday invested £1bn in cyber security firm Darktrace, praising the firm’s “radically different” approach.

Lynch rose to fame after founding Autonomy, a firm sold to Hewlett-Packard in 2011 for £7.1bn.

He has since set up a fund, Invoke Capital, to invest in the sector.

"Darktrace brings a radically different solution to the challenge of protecting our information,” he said of his first big investment.