Ignite Game Technologies Wins $7.5M

San Francisco-based Ingite Game Technologies, a developer of auto racing games, said today that it has raised $7.5M in a Series B financing round. The round brings its total raised to $12.2M. The new round came from Steve Belotti and Bill Budinger Jr. Ignite is headed by Jonathan Haswell. The company said the funding will go towards a live, online auto racing game focused on multiplayer gaming. More information »