FashionPlaytes Raises $4 Million

FashionPlaytes Inc. raised $4 million. Fairhaven Capital Partners led the latest financing round, which was oversubscribed. Existing investors New Atlantic Ventures, Launch Capital and Golden Seeds participated in the financing. Salem, Mass.-based FashionPlaytes has raised a total of $5.8 million. It has a design-it-yourself fashion destination Web site for girls from five to 12 years old. FashionPlaytes plans to use the capital for product development and to expand its customer base.

12 October 2010•3 mins read
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