Fashion Playtes Raises $1.5 Million For Tween Fashion Site

Fashion Playtes has raised $1.5 million in a first round led by New Atlantic Ventures and LaunchCapital. The site — which hasn’t launched publicly yet — will let young girls design clothes online and then purchase them. It’s expected to open this fall. There’s been quite a lot of venture activity in the personalized online fashion space lately, with StyleCaster and Stylefeeder both raising rounds during the last several months. Release.