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eMotion takes hold of $2.5 million

eMotion announced Tuesday it raised $2.5 million toward its third round of funding. Investors include Wasserstein & Co., Constellation Ventures, Chartwell Capital and Crossbow Ventures. The Vienna, Va.-based company hopes to eventually raise $5 million in its third round and has secured $40 million in funding to date. eMotion develops software designed to handle such tasks as managing, archiving and copyrighting digital video, audio, photos and graphics online.