We present the results of optical (R band) photometric and polarimetric monitoring and Very Long Baseline Array (VLBA) imaging of the blazar S4 0954+658, along with Fermi and gamma;-ray data during a multi-waveband outburst in 2011 March-April. After a faint state with a brightness level R ~17.6 mag registered in the first half of January 2011, the optical brightness of the source started to rise and reached ~14.8 mag during the middle of March, showing flare-like behavior. The most spectacular case of intranight variability was observed during the night of 2011 March 9, when the blazar brightened by ~0.7 mag within ~7 hours. During the rise of the flux the position angle of optical polarization rotated smoothly over more than 300$deg$. At the same time, within 1$sigma$ uncertainty a new superluminal knot appeared with an apparent speed of 19.0$pm$0.3 c. We have very strong evidence for association of this knot with the multi-waveband outburst in 2011 March-April. We also analyze the multi-frequency behavior of S4 0954+658 during a number of minor outbursts from August 2008 to April 2012. We find some evidence of connections between at least two more superluminal ejecta and near-simultaneous optical flares.
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