What you need to know - 06/21/11

Foursquare now has 10 million members; Groupon responds to media hazing

Caterina Fake, co-founder of Hunch and Flickr, is working on a new startup, code-named 2bkco.

Cloud9 IDE,a  cloud-based Integrated Development Environment (IDE) for Web and mobile apps, raised $5.5 million in Series A funding from Accel Partners and Atlassian Software.

Launched in public beta yesterday is The Daily Hookup, a social buying network designed specifically with the gay man in mind.

foursquare now has over 10 million members, double the size of its community from six months ago.

In response to its post-S1 filing media hazing, Groupon has issued a delightfully vague, indirect post that effectively underlines the company’s frustration with the "quiet period."

Taleo Corporation, provider of on-demand talent management solutions, signed a definitive agreement to acquire Jobpartners for approximately $38 million, or 26 million Euros.

myGengo, provider of translation services and an API, raised $1 million in seed funding from Point Nine, Mitch Kapor and Wenceslao Casares.

Ping Identity, provider of cloud identity security, secured $21 million from Triangle Peak Partners, Silicon Valley Bank, and existing investors Appian Ventures, Draper Fisher Jurvetson, General Catalyst Partners, SAP Ventures and Volition Capital.

Cloud-based systems management company ScaleXtreme secured an $11 million Series B round of funding led by Ignition Partners, with help from existing investor Accel Partners.

SolarBridge Technologies, an AC module system developer for the solar industry, closed a $19 million Series C round of funding from existing investors Rho Ventures, Battery Ventures, and the Texas Emerging Technology Fund.

VibeDeck, a platform for musicians to sell directly to fans, raised a $2 million seed round of funding from U.S. and international investors.