They did raise a tidy sum considering the bearish run the market. 6493.32 Ethereum (ETH) = 5,486,810 USD as of today
It could very well become much higher.
It would be really interesting for the project not to need a second round, and by walking the project this may not really happen. If it happens and we have a second round, it would be something new, selling Ico running the active platform, but it could be something new and good
But from the other side if they are so confident they have have a second round in 1 year, it means they are sure about the stability of the project, which gives more guarantees to potential investors.
I hope that the team will hold the ETH for a couple of weeks until ETH goes back to $1000.