Webcasting platform 17 Media has received $23m in funding from sports media company Le Sports' Innovation Fund and will invest it in Chinese expansion.

Webcast marketing company On24 has now raised over $70m altogether, having been backed by investors including Reuters and CNet since 2000.

The marketing relationship management company has now raised more than $42m, after IDG Ventures invested in it for a third time.

Livefyre, the content curation platform that had raised $66m from backers including Salesforce and Adobe, has been acquired by the latter for an undisclosed sum.

Comcast, William Morris Endeavor and Bedrocket Media Ventures have exited video distribution platform VHX through an acquisition by video streaming service Vimeo.

Time Warner led Kamcord's series C round, which also featured Tencent, as the live streaming platform prepares to expand from games into other media.

HTC has launched a $100m accelerator program and corporate venturing fund dubbed Vive X that will seek out opportunities in the virtual reality sector.

Toca Boca and Sago Mini, two game developers established by media company Bonnier, are set to be acquired by digital toy producer Spin Master.