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Urban Entertainment gets $5.5 million

Urban Entertainment has received a $5.5 million second round of funding, led by AOL Time Warner's Opportunity Fund. Previous investor Provender Capital also contributed to the round. Los Angeles-based Urban Entertainment has raised a total of $9.5 million. The company deals in production, exhibition and distribution of African-American and "urban-themed" entertainment content. Its "Undercover Brother" comedy is in postproduction with Universal Pictures. The animated series continues to appear on the company's site.

Urban Entertainment has received a $5.5 million second round of funding, led by AOL Time Warner's Opportunity Fund. Previous investor Provender Capital also contributed to the round. Los Angeles-based Urban Entertainment has raised a total of $9.5 million. The company deals in production, exhibition and distribution of African-American and "urban-themed" entertainment content. Its "Undercover Brother" comedy is in postproduction with Universal Pictures. The animated series continues to appear on the company's site.