What you need to know - 06/20/11

Ronny Kerr · June 20, 2011 · Short URL: https://vator.tv/n/1bbb

Facebook display advertising to top Yahoo in 2011; all these tech IPOs are inspiring bubble talk

eBay completed its previously announced $2.4 billion acquisition of GSI Commerce, provider of ecommerce and interactive marketing services.

Facebook’s display revenues in the U.S. will grow this year by an estimated 80.9 percent to $2.19 billion.

In light of a rash of recent IPOs--from Demand Media, LinkedIn, Yandex, and Pandora--and upcoming ones--from Groupon and Facebook--there’s something all of these IPOs have in common: they’ve all inspired the dreaded tech bubble talk.

iControl Networks, provider of broadband home management, closed over $50 million in Series D funding.

ProtonMedia, developer of a virtual collaboration platform for the workplace, raised $4.5 million in Series B financing led by Kaplan Ventures with participation from Originate Ventures and Osage Venture Partners.