Home » Clothing & Accessories » Betabrand receives $6.5 million from Venture Capital Firm Foundry Group

Betabrand receives $6.5 million from Venture Capital Firm Foundry Group

Betabrand, based in San Francisco, California, announced its newest success after the introduction of its scanner-proof underwear and executive pinstripe hoodies. The company managed to raise $6.5 million from venture capital firm Foundry Group.

The startup focuses on designing and releasing new inventions every week on its online platform and considers itself the home base for Cordarounds, Dress Pant Sweatpants, the Disco Hoodie, Bike to Work Pants and many more never before seen clothing items. The website represents “fun” and is appealing to those who like to think outside of the box, just like many of their design are and in addition to that, consumers can also in a model competition to join the company as an “instant Betabrand model”. Betabrand is planning on using the new funding to expand its product line to 5-10 new products every week.

Betabrand is a startup based in San Francisco, California and was launched in 2009 by Jared Graf and Christopher Lindland.

By Melanie Marusic

Comments

comments

Check Also

mezaaj

Mezaaj banks seed funding to showcase fashion talent in Pakistan

Mezaaj, a Lahore, Pakistan based fashion showcase site, just raised an undisclosed amount of seed ...

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>

PaidSitePic

ATTENTION READERS!

FashInvest is changing.  Starting August 1, 2015,  fashinvest.com will be moving to a paid user access site. Join FashInvest and become a member of the fastest growing sector of the fashion industry. Gain exclusive entry to the fashion tech industry’s latest investment news and analysis of the people and companies that drive its development.

More Info

 

Powered by WordPress Popup