Ignite Game Technologies, a San Francisco, CA-based games company, has raised $5m in Series C funding.
Backers include existing and new (undisclosed) investors.
This brings the total amount raised by the company to $17.5m.
Founded in 2008 by CEO Jonathan Haswell and James Synge, Ignite Game Technologies creates a new online racing experience. In November 2011, the company launched the public beta of its racing game, Simraceway™ (http://simraceway.com/), and a racing controller, the Simraceway S1 Steering Wheel, developed in conjunction with peripherals manufacturer SteelSeries®.
Simraceway is an online racing world that offers live, person-to-person racing, utilizing simulation-grade driving physics. It leverages a client-server model and features current and historic licensed content from a variety of auto and racing brands including Bentley™, Bugatti™, Mitsubishi™ and Saleen™.
Ignite counts four-time IndyCar Series winner Dario Franchitti among its physics development team and benefited from the expertise of double Indy 500 winner Dan Wheldon before his death in 2011.
The company is currently hiring (http://jobs.simraceway.com/).
FinSMEs
07/02/2012