Gamasutra is part of the Informa Tech Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.


Gamasutra: The Art & Business of Making Gamesspacer
View All     RSS
April 21, 2021
arrowPress Releases







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




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

505 Games
505 Games — Calabasas, California, United States
[04.21.21]

Senior Product Marketing Manager: Free-to-Play
Sony PlayStation
Sony PlayStation — San Diego, California, United States
[04.20.21]

Technical Artist
Sony PlayStation
Sony PlayStation — San Diego, California, United States
[04.20.21]

Senior VFX Artist
Sony PlayStation
Sony PlayStation — San Diego, California, United States
[04.20.21]

Senior Environment Artist









Loading Comments

loader image