Motionbox (www.motionbox.com), the family video site that makes it easy for consumers to store, mix and share their personal videos, today announced that it has closed a $7 million Series B round of funding, led by new investor Constellation Ventures, a unit of Bear Stearns Asset Management. Also participating were Motionbox Series A investors Canaan Partners and SAS Investors. - Cohn & Wolfe on behalf of Motionbox Tori Pugliese, 212-798-9860 tori_pugliese@motionbox.com Join discussion...