Autonomy Founder Surfaces

July 30, 2012

By now we should all be familiar with HP’s purchase of big data company Autonomy that occurred last year. Some of us have also been following what HP seems to be planning for its property. But what about Autonomy’s founder? What has he been up to since the lucrative deal went through? Business Insider reports, “Looks Like Autonomy Founder Mike Lynch Will Become a Big-Shot London VC.” Writer Julie Bort tells us:

“Mike Lynch, the British founder of big-data company Autonomy is about to fire up a tech venture fund in London, Bloomberg reports. . . .

“Autonomy’s founder and CEO Mike Lynch joined HP at [the time of the acquisition]. But in May, during the company’s last quarterly earnings call, current CEO Meg Whitman said that Autonomy’s sales had been ‘disappointing’ and that Lynch was leaving HP.

“We haven’t heard much about Lynch since.”

Bort notes that, long before HP, Lynch was named Britain’s first software billionaire in 2000. The life of a technology venture capitalist seems like a natural extension of that title, she observes.

Autonomy was founded in 1996, with technology that evolved from research originally performed at Cambridge University. The company maintains dual headquarters in Cambridge, UK, and San Francisco, with satellite offices worldwide.

Cynthia Murrell, July 30, 2012

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