Dinesh Moorjani has been appointed as managing director based in Santa Monica for Comcast Ventures, having previously run IAC's Hatch Labs incubator.

Bytedance has led a funding round for content aggregator Dailyhunt that included existing backers Sequoia Capital, Matrix Partners and Omidyar Network.

The digital entertainment group has agreed to acquire a 35% stake in the online game developer and publisher, part of which will come from existing investor Fidelity.

Discovery Communications' $100m investment in newly formed digital media holding company Group Nine Media is part of a trend in consolidation as online media moves further toward video.

The amount marks the first close of a larger round for the Tokyo University-backed online advertising platform, though the target size has not yet been revealed.

ProSiebenSat.1 has led a series B round that included Scripps Networks Interactive and existing backer Sky, and which valued the online TV service at $143m.

The amount marks the first close of a larger round for the Mynavi-backed online advertising platform, though the target size has not yet been revealed.

Discovery Communications has made a strategic investment in digital media holding company Group Nine, formed by NowThis, Thrillist, The Dodo and Seeker.

DeNA exited online video monetisation platform FameBit in an acquisition by Google, which bought the company for an undisclosed amount.