June 29, 2001 5:25 PM PDT
CenterSpan closes financing round
Peer-to-peer provider CenterSpan Communications, which operates Scour Exchange, said it has closed its latest round of financing with an additional $1 million in new equity, bringing the total to $6.4 million. The Portland, Ore.-based company said the $1 million came from individual investors, including Peter Kellogg, an existing shareholder. CenterSpan said investors who participated in the round of $5.4 million last week included Sawtooth Capital Management and RAM Capital.