Is it true that will there be a season 2 of tangled the series based on the following text?

Tangled: The Series is an American animated television series developed by Chris Sonnenburg and Shane Pigmore and produced by Disney Television Animation that premiered on Disney Channel as a Disney Channel Original Movie titled Tangled: Before Ever After on March 10, 2017, with regular episodes premiering on March 24, 2017. The series is based on the 2010 film Tangled and features the returning voices of Zachary Levi and Mandy Moore, alongside Eden Espinosa, Clancy Brown, and Julie Bowen. In February 2017, the series was renewed for a second season ahead of the series premiere.
yes