Investments
55Portfolio Exits
16Funds
5About IGNITE Group
The IGNITE Group manages three venture capital funds in the United States and one in Japan with over $200 million under management. The firm invests in early and expansion stage private companies in the areas of semiconductors, networking and software.
Latest IGNITE Group News
Nov 9, 2022
Theia Studios , an Oakland, CA-based independent game studio, raised $2.4M in funding. Backers included Hashed, Snackclub, IVC, Mint Ventures, Taureon, Arcanum Capital, Big Brain Holdings, Lancer Capital, Ignite Group, Andover Ventures, and Plum Ventures. The company intends to use the funds to accelerate growth and expand operations. Led by CEO Dylan Sena, Kaustubh Garimella (CTO) and Guilherme Arten-Meyer (CRO), Theia Studios creates a web3 creator platform for turn-based strategy games. Its toolkit includes a map editor, asset pipeline, scripting framework, economy builder, and more, which collectively empower creators to create and monetize their own strategy games. The studio will also develop the first games in the Theia ecosystem. The first in this line of games will be the innovative Icons of Theia, whose closed beta will begin on November 10th. FinSMEs 09/11/2022
IGNITE Group Investments
55 Investments
IGNITE Group has made 55 investments. Their latest investment was in Theia Studios as part of their Seed VC on November 11, 2022.
IGNITE Group Investments Activity
Date | Round | Company | Amount | New? | Co-Investors | Sources |
|---|---|---|---|---|---|---|
11/9/2022 | Seed VC | Theia Studios | $2.4M | Yes | 1 | |
4/10/2013 | Series E | Cymbet | $13.4M | No | 1 | |
8/12/2011 | Debt - III | Cymbet | $1.58M | No | ||
1/15/2010 | Series C | |||||
9/17/2009 | Series E - II |
Date | 11/9/2022 | 4/10/2013 | 8/12/2011 | 1/15/2010 | 9/17/2009 |
|---|---|---|---|---|---|
Round | Seed VC | Series E | Debt - III | Series C | Series E - II |
Company | Theia Studios | Cymbet | Cymbet | ||
Amount | $2.4M | $13.4M | $1.58M | ||
New? | Yes | No | No | ||
Co-Investors | |||||
Sources | 1 | 1 |
IGNITE Group Portfolio Exits
16 Portfolio Exits
IGNITE Group has 16 portfolio exits. Their latest portfolio exit was IronPlanet on August 30, 2016.
Date | Exit | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Acquirer | Sources |
|---|---|---|---|---|---|
8/30/2016 | Acquired | 4 | |||
10/10/2011 | Asset Sale | ||||
8/12/2011 | Acquired | ||||
Date | 8/30/2016 | 10/10/2011 | 8/12/2011 | ||
|---|---|---|---|---|---|
Exit | Acquired | Asset Sale | Acquired | ||
Companies | |||||
Valuation | |||||
Acquirer | |||||
Sources | 4 |
IGNITE Group Fund History
5 Fund Histories
IGNITE Group has 5 funds, including IT2000.
Closing Date | Fund | Fund Type | Status | Amount | Sources |
|---|---|---|---|---|---|
8/1/2000 | IT2000 | Early-Stage Venture Capital | Closed | $55M | 1 |
8/1/2000 | Ignite Ventures III LP | ||||
1/1/2000 | Ignite Ventures II LP | ||||
5/1/1998 | Ignite Ventures I LP | ||||
Ignite Ventures IV LP |
Closing Date | 8/1/2000 | 8/1/2000 | 1/1/2000 | 5/1/1998 | |
|---|---|---|---|---|---|
Fund | IT2000 | Ignite Ventures III LP | Ignite Ventures II LP | Ignite Ventures I LP | Ignite Ventures IV LP |
Fund Type | Early-Stage Venture Capital | ||||
Status | Closed | ||||
Amount | $55M | ||||
Sources | 1 |
IGNITE Group Team
9 Team Members
IGNITE Group has 9 team members, including current President, Hiroaki Yano.
Name | Work History | Title | Status |
|---|---|---|---|
Hiroaki Yano | President | Current | |
Name | Hiroaki Yano | ||||
|---|---|---|---|---|---|
Work History | |||||
Title | President | ||||
Status | Current |
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