Startups Funding: BuildDirect, Aorato , Adallom, MemSQL, Intercom, and Kensho can now expand product development and support its growing.

If unfamiliar, Connectikpeople.co recalls that, this rubric is intended to help organizations, and investors to live in real-time what happens in the startups world; in terms of fundings, acquisitions, strategic alliances and more. Regarding the emerging countries, and startups, this is an instrument for them to discover which Venture Capital or Business
angel can fund their projects. 

BuildDirect (Founded in 1999, Vancouver-based home improvement site), has raised $30 million in a Series B round led by Mohr Davidow Ventures with participation from existing investor BDC Venture Capital. BuildDirect sells building materials at manufacturer-direct prices for DIY home improvement projects and will put the funds toward building out its technology platform, expanding its product offerings, and growing its employee base. BuildDirect a total of $63 million in funding to date.

Aorato (Founded in 2012, Israeli cyber security startup), has raised $10 million in Series B funding from Accel Partners, Innovation Endeavors, Glilot Capital Partners, and angel investors Mickey Boondaei and Rakesh Loonkar. Aorato is building a solution for enterprise infrastructure security and has launched its context-aware, behavior-based Directory Services Application Firewall today.

Adallom (founded in 2012, Menlo Park-based cloud security startup), has raised $15 million in Series B funding led by Index Ventures with participation from Sequoia Capital. Adallom provides an enterprise solution for securing SaaS applications that protects users and information from threats in real time. Adallom has raised around $20 million to date and plans to use the latest funds to expand its sales staff and its Tel Aviv-based development team.

MemSQL (Founded in 2011, San Francisco-based database startup), has raised $35 million in a Series B round led by Accel Partners with participation from Khosla Ventures, First Round Capital, Data Collective, and others. MemSQL is an in-memory database designed to accelerate applications, power real-time analytics, and provide a consolidated Big Data solution. MemSQL has raised over $40 million to date and will use the latest funds to expand product development and support its growing customer base.

Intercom (Founded in 2011, San Francisco-based customer communications software), has raised $23 million in a Series B round led by Bessemer Venture Partners with participation from Social+Capital Partnership. Intercom provides a personal messaging service for businesses and their customers and will put the funds towards product development and expanding its marketing team .Intercom counts over 2,000 companies as customers and has raised around $30 million in funding to date.

Kensho , Cambridge, MA-based intelligent market research company, has raised $10 million in seed funding from General Catalyst, NEA, Accel Partners, Google Ventures, Devonshire Investors, and others. Kensho has created "Warren," a groundbreaking virtual market research assistant capable of answering complex financial questions posed in natural language. Currently being tested by research teams, Warren should be able to answer 100 million distinct questions by the end of 2014, cutting traditional investment research cycles down to minutes