What you need to know - 05/12/11

Ronny Kerr · May 12, 2011 · Short URL: https://vator.tv/n/1a55

Read all the cool announcements from Google I/O; Visa unveils its electronic payments platform

Social intelligence company Claritics received $1.5 million in Series A financing lead by Cervin Ventures and TiE Angels.

Demandbase, provider of business to business marketing performance-improvement solutions, closed a $10 million round of financing.

Read up on all the coolest announcements from Google I/O 2011, including Google Music, Chromebooks and Ice Cream Sandwich.

Group Commerce, has raised a second round of more than $10 million.

WebMediaBrands acquired all of the shares of Inside Network, which publishes well-known blogs like Inside Facebook and Inside Social Games.

Official.fm, a management platform for music creators, announced this week that it has raised $8 million in new funding. We’ve reached out to the company to learn who the investors are and will update once we receive word.

Visa has lifted the veil on its new electronic payments platform, which is designed for point-of-sale payments and the ever-valuable one-click online payment option, as well as traditional retail, mobile commerce, and f-commerce (Facebook commerce).