Tech startups create 175 full-time jobs in 2014

Tech startups create 175 full-time jobs in 2014

By Judy Newman, Wisconsin State Journal

If you’re wondering how much of an impact the Madison area’s tech community has on the economy, take a gander at the year-end statistics and highlights of 2014 compiled by Capital Entrepreneurs.

The organization, created five years ago as a way to bring local entrepreneurs together, sends an annual survey to its members. This year, 52 companies responded. Those companies, in 2014:

Created a net increase of 175 full-time jobs.

Employ 500 people, full time.

Raised $44 million in outside funds, including $14.5 million for asthma device company Propeller Health and $10.5 million for EatStreet, with online and mobile restaurant ordering.

That’s likely only a part of the story. Capital Entrepreneurs has 350 members, up 30 percent over a year ago. Read more …