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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 …

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Redpoint Ventures closes $180 million for China-based fund

Redpoint Ventures, a Menlo Park, Calif.-based venture capital firm has closed a $180 million fund …