The University of Wisconsin-Madison is ranked 14th worldwide among universities in a new report measuring how many graduates became entrepreneurs backed by venture capital.

UW had 397 entrepreneurs emerge from its undergraduate programs who’ve raised a total of $2.6 billion in venture capital, according to the report from PitchBook Data, a Seattle-based deal tracker, titled “PItchBook Universities Report 2016-17 edition.”

The high ranking of UW alumni is impressive, says Dan Olszewski, director of the Weinert Center for Entrepreneurship at UW-Madison.

“It’s a measure that shows how venture capital investors view the value of the startup ideas, and it is clear that UW alumni are creating very attractive firms,” Olszewski says. Read the full story here.