Gamasutra: The Art & Business of Making Gamesspacer
View All     RSS
April 16, 2014
arrowPress Releases
April 16, 2014
PR Newswire
View All

If you enjoy reading this site, you might also want to check out these UBM TechWeb 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
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

Blizzard Entertainment
Blizzard Entertainment — Irvine, California, United States

Senior Concept Artist
Giant Sparrow
Giant Sparrow — Santa Monica, California, United States

Game Designer
Telltale Games
Telltale Games — San Rafael, California, United States

Senior Platform Engineer (Xbox One & PS4) @ Telltale Games
Nintendo of America Inc.
Nintendo of America Inc. — Redmond, Washington, United States

Associate Software Support Engineer


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