UPDATE: We goofed on this one. Ankeena’s filing of a $16 million raise refers to its total funding to date, not a new round.
The company had reported back in 2008 that it had secured $8.5 million of a $9.4 million Series A round, and this new filing is actually an amendment. The company later announced a $6.5m extension in the summer of 2009, although did not submit an SEC filing.
The new report says that the securities were first sold in 2008, and we should have caught it. Our error was due to the fact that the filing was not labeled as an amendment (that’s just an explanation for our original post, not an excuse).
Company backers include Clearstone Venture Partners, Mayfield Fund and Trinity Ventures. www.ankeena.com