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Short Take: Urban Media gets funding from Softbank, Accel

Urban Media, a free broadband Internet access company, received $25 million in second-round funding from Softbank Venture Capital and Accel Partners, a venture capital firm specializing in communications companies. Urban Media, through its partnerships with several property management firms, wires office buildings for high-speed Net access, hoping to sell business customers a full package of communications services.

Urban Media, a free broadband Internet access company, received $25 million in second-round funding from Softbank Venture Capital and Accel Partners, a venture capital firm specializing in communications companies. Urban Media, through its partnerships with several property management firms, wires office buildings for high-speed Net access, hoping to sell business customers a full package of communications services.