Ignite raises $5M to become the World of Warcraft of car racing

Ignite Game Technologies, the San Francisco-based online gaming startup that specializes in car racing games, has raised $5 million in new funding, bringing its total investment to $17.5 million. The company makes massive multi-player online racing games in which people compete in real time

Health 2.0 startup Keas gets $6.5 million in new funds

Keas, a San Francisco-based startup co-founded by veteran technologist Adam Bosworth has raised $6.5 million in new funds from existing investors Atlas Ventures and Ignition Parters. The company is finding success with focus on wellness as a social game and selling it to large companies.

TaskRabbit gets rocket fuel with $17.8M funding round

TaskRabbit has raised $17.8 million in a Series B funding round. It’s just been 7 months since the company announced its $5 million Series A, but growth has been fast and furious: TaskRabbit has tripled net revenue and seen a seven-fold increase in customers since May.

It’s time for startup founders to think bigger

It’s easier than ever to build a web or mobile app and call yourself a startup. But with new funding opportunities and technology tools, entrepreneurs can easily — and cheaply — use technology to solve larger problems, rather than create another lifestyle app.

Awe.sm nets $4M for social data monitoring platform

Awe.sm has secured $4 million in Series A funding. Awe.sm is probably best known to most people for its URL shortening service, but the San Francisco-based startup says it’s actually rooted in a deeper software platform attached to those shortened links that provides analytics tools.

Data-as-a-Service startup Infochimps swaps out CEO

Infochimps, the two-year-old company that runs a “data marketplace” where owners of datasets can charge for their usage, is swapping CEOs. Co-founder Nick Ducoff has stepped down from the CEO role, and the company is looking for a “seasoned executive” to take his place.

NVCA survey: VC industry still very white, mostly male

There’s been a lot of media buzz in recent months about the lack of racial and gender diversity in the tech startup landscape. Now new data from the National Venture Capital Association indicates that the VC field is similarly homogenous: It’s very white and mostly male.

Yelp top brass cashed out $36M in pre-IPO stock sale

Six of Yelp’s top executives and investors cashed out $36.8 million worth of company stock during Yelp’s Series E funding round in early 2010, according to the company’s IPO filing, with CEO Jeremy Stoppelman and board chairman Max Levchin each selling some $15 million of stock.

Hotel Tonight raising $9.1M, filings reveal

Hotel Tonight, the app that lets you book last minute hotel rooms for discounted rates, is currently raising a $9.1 million funding round, according to documents filed with the SEC Wednesday. The company has raised $8.65 million in the round so far, the filings show.