San Francisco, using “data on job growth, unemployment rates, pay, and cost of living.” In 2014, Madison came in fifth in a Forbes ranking of “The Cities Winning The Battle For Information Jobs.”
—Fitchburg-based Pegasus Sustainability Solutions, whose software helps connect organizations or individuals that generate waste with groups that can come take it away, raised $2 million from investors. Like Uber—whose software connects drivers and passengers, but which doesn’t own vehicles doing the actual transporting—Pegasus has been able to grow rapidly thanks in part to a balance sheet that is relatively light on capital assets, said founder and CEO Mark Hope.
—The Securities and Exchange Commission said that G. Steven Burrill agreed to pay $5.8 million to settle charges of mishandling money from investors, Reuters reported. Burrill, a biotech-focused venture capitalist based in San Francisco, is a UW-Madison graduate and helped launch a business plan competition at the university’s business school that ran from 1998 to 2015.
