Mike Lynch
Mike Lynch

Darktrace is preparing to float on the London Stock Exchange next year in a move that could be a major boost for the City in attracting fast-growing technology companies.

The Cambridge-headquartered cyber security business, last valued at $1.65bn (£1.3bn), is understood to be preparing to pick bankers in the coming weeks.

The company is seen as one of Britain’s most promising technology start-ups, and claims to have pioneered “self-learning” algorithms that mimic the way the human immune system fights viruses to protect corporate computer systems

Darktrace was long linked with a possible float in New York, normally

 

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