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...

VisualOn raised $2.1 Million from AsiaTech Management and EXA Ventures. VisualOn creates software to view high quality video for mobile devices optimized for quality, performance while maintaining minimal power consumption. They have multiple products such as Mobile TV which turns your handset into a high quality mobile TV set. Take a look at Kyte.tv here. Join discussion...