Comcast Ventures, the corporate venturing arm of US-based mass media company Comcast, has hired Gil Beyda as managing director and promoted Daniel Gulati to partner.
Beyda has spent the past nine years as managing partner of Genacast Ventures, a seed-stage fund formed in partnership with Comcast Ventures. He will continue to run Genacast while also investing in later-stage companies for Comcast Ventures.
Companies in which Beyda has led investments include behavioural data management platform Demdex, which was acquired by Adobe in 2011, and mobile productivity app Divide, which was acquired by Google in 2014.
Before joining Genacast, Beyda was the chief technology officer of targeted advertising network Tacoda. He also founded online advertising company Real Media in 1995 and computer game developer Mind Games in 1982.
Amy Banse, head of funds at Comcast Ventures, said: “Gil is an extraordinary investor and a wonderful colleague. We have learned a lot from him over the past nine years, value his partnership and are thrilled to have him join us as a managing director.”
Gulati joined Comcast in 2014 as principal and has since led investments in companies such as health data platform Kang Health, travel brand Away and subscription meal service MealPal.
Prior to coming to Comcast, Gulati worked for Boston Consulting Group as a consultant from 2012 to 2014, and in 2009 co-founded FashionStake, a fashion-focused daily deals site acquired by e-commerce company Fab.com in 2012.
Banse said: “In a short amount of time, Daniel has proven himself to be a talented investor with a knack for identifying great entrepreneurs and investing in world-changing companies.”
– Photo of Gil Beyda courtesy of LinkedIn.