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Cult Clothing Retailer Betabrand Raises $6.5 Million From Foundry Group

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http://techcrunch.com – First, online clothing retailer Betabrand announced plans to protect your privates with TSA-thwarting scanner-proof underwear. Then it offered up a solution to Mark Zuckerberg hoodie haters on Wall Street with the launch of its executive pinstripe hoodie. Now it’s looking to bring more sasquatch sweaters and disco pants to its customers by raising a new $6.5 million funding round, led by Foundry Group. San Francisco-based Betabrand has an interesting business model. The online-only clothing retailer, which launched in August 2010, allows its customers and fans to participate in the creat (IT news)