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Edition 9 · Jun 1–Jun 8, 2026 · Signal Log

Arpio raises $15M, and Bullhouse opens a Durham founder space

Arpio closed a $15 million Series A for cloud disaster recovery, the largest Triangle round of the week and a second act for its ex-Bandwidth founders. And Bullhouse opened its downtown Durham space, a founder living room pairing free coworking with first checks from $5,000 up to $100,000 SPVs.

2

signals

$15M

capital

1 round

0

new companies

discovered

$15M

Series A

Arpio's cloud disaster recovery round

Standout of the week

A

Arpio

Durham AI-native cloud disaster recovery platform

Closed a $15M Series A led by S3 Ventures and Paladin Capital Group.

Arpio automates cross-account, cross-region recovery for cloud workloads. The Series A adds Draper Associates, Uncorrelated, Valor Ventures, CreativeCo Capital, and Lookout Ventures. Founders Doug Neumann and Shaw Terwilliger came out of Bandwidth, and the company raised an $8.2M seed in 2023. It is the largest disclosed Triangle round of the week.

Doug NeumannShaw Terwilliger
Arpio·Jun 5

Deep dives

Capital

1 rounds

One round this week, and a clean one: Arpio's $15M Series A. Ex-Bandwidth founders, a repeat category (cloud infrastructure resilience), and a syndicate led by S3 Ventures and Paladin Capital Group.

A

Series A

Arpio

$15M

Lead: S3 Ventures

With: Paladin Capital Group, Draper Associates, Uncorrelated, Valor Ventures, CreativeCo Capital, Lookout Ventures

Durham. Cloud disaster recovery. Ex-Bandwidth founders. Prior $8.2M seed in 2023.

Jun 5

Infrastructure

A new founder space opened in downtown Durham.

Institutional

Bullhouse opened its downtown Durham founder space

Bullhouse, the pre-seed vehicle from Austin Armstrong and Austin Carroll, opened a downtown Durham space pairing free founder coworking with first checks from $5,000 up to $100,000 SPVs, plus founder dinners and a podcast studio.

GrepBeat·Jun 2
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