Does anyone know if that makes this a down-round?
http://fred93blog.blogspot.com/2011/06/prospercom-series-e-financing-analysis.html04/2005, Series A, 4,023,999 shares for $7,464,450, or $1.875 per share.
02/2006, Series B, 3,310,382 shares for $12,412,301 or $3.776 per share.
06/2007, Series C, 2,063,448 shares for $19,919,009 or $9.692 per share.
04/2010, Series D, 20,340,705 shares for $14,700,000 or $0.723 per share.
06/2011, Series E, 23,222,747 shares for $17,150,000 or $0.739 per share.
But they paid a $375,000 fee to an agent for rounding up the series E investors. If you count that it comes to $0.722/share.