It sort of does - if the money came from existing investors in a follow-on round. It didn't: "The money for this fifth Series E round comes from a Silicon Vall

It sort of does - if the money came from existing investors in a follow-on round. It didn't: "The money for this fifth Series E round comes from a Silicon Valley venture firm, Lightspeed Venture Partners ... [there was] interest by Ning in adding a top VC to its investor pool."