Autonomy founder to launch technology investment fund Before its sale to HP, Mr Lynch had a terse relationship with some analysts over the worth of the company he founded, which specialises in complex pattern recognition software that allows it to search "unstructured data" such as voicemails. However, the acquisition drew criticism from HP investors.computer giant's then chief executive Leo Apotheker, left shortly afterwards, and Mr Lynch followed in May this year after Autonomy fell short of expectations. HP's chief executive Meg Whitman said its revenues had been "very disappointing" and that Autonomy had been suffering from "classic entrepreneurship challenges." However, Mr Lynch has form in backing new start-ups which deal in complex software. Last month he upped his stake in Featurespace, a company formed on the back of Cambridge University research, which analyses data to predict customer behaviour and identify fraud. Sources close to Mr Lynch say he is also likely to be keen to buy back Aurasma, a virtual reality firm sold to HP as part of the Autonomy deal, which allows people to hold their smartphones or tablets over two-dimensional adverts and watch them turn into animations.