Sprouter, a professional social network, is closing on August 2nd due to financial issues. ReadWriteWeb reports that the Sprouter Weekly newsletter may continue publication. The Sprouter team blog’s goodbye post notes, “we’ve been privileged to participate in so many local startup scenes. [?] we’ve been humbled to meet so many incredible entrepreneurs and be a part of so much early stage innovation.”
The Sprouter team (Sarah Prevette, Grant Hollingworth, Erin Bury and Vince Duquette) have not yet announced what their next projects will be.