Gamasutra: The Art & Business of Making Gamesspacer
View All     RSS
October 22, 2014
arrowPress Releases
October 22, 2014
PR Newswire
View All





If you enjoy reading this site, you might also want to check out these UBM Tech sites:


Ignite Receives $7.5M In Funding For Online Racing Project
Ignite Receives $7.5M In Funding For Online Racing Project
July 12, 2011 | By Mike Rose

July 12, 2011 | By Mike Rose
Comments
    1 comments
More: Console/PC, Business/Marketing



Online gaming company Ignite Game Technologies has received $7.5 million in Series B funding to develop what it calls "a new era of online racing."

The round of funding was led by Steve Belotti and Bill Budinger Jr, and follows on from the $3 million Series A funding the company received last year. In all, the company has raised $12.2 million.

San Francisco-based Ignite is set to launch "a new live online auto racing experience," tentatively titled Sim Raceway, which it says will break from traditional racing games.

The upcoming game will feature "a high-fidelity physics engine and proprietary player skill quantification technology," and is set to be fully revealed later this year.

Jonathan Haswell, CEO of Ignite, said, "There are a number of great racing games on the market but the genre as a whole has seen little real innovation in the past 10 years."

"Most titles make year-over-year incremental changes to visual fidelity and the breadth of cars and tracks on the disc - the eye candy. Ignite will offer a fresh take on the genre, one that rethinks some of the fundamentals and focuses relentlessly on a core aim of live multiplayer racing."

The company was founded in 2008 by skill quantification experts Jonathan Haswell and James Synge.


Related Jobs

Nexon America, Inc.
Nexon America, Inc. — El Segundo, California, United States
[10.22.14]

Localization Coordinator
Petroglyph Games
Petroglyph Games — Las Vegas, Nevada, United States
[10.22.14]

Producer
DeNA Studios Canada
DeNA Studios Canada — Vancouver, British Columbia, Canada
[10.22.14]

Analytical Game Designer
Xsolla
Xsolla — Sherman Oaks, California, United States
[10.22.14]

Senior Business Development Manager










Comments


Alex Leighton
profile image
Any racing game that tries something new is a good thing in my books.


none
 
Comment: