Arpio, a Durham, NC-based provider of a disaster recovery (DR) solution for Amazon Web Services (AWS), raised $8.2M in funding.
The round was led by S3 Ventures and Companyon Ventures, alongside TDF Ventures and CreativeCo Capital, with participation from YCombinator, Uncorrelated Ventures, Valor Ventures, and Triangle Tweener Fund.
The company intends to use the funds to expand their AWS service coverage, increase automation, and invest in go-to-market initiatives.
Co-founded by Doug Neumann and Shaw Terwilliger, Arpio provides a disaster recovery solution for cloud workloads running in AWS that helps organizations ensure operational continuity in case of outages, ransomware attacks, and other threats. It offers fast implementation, automated management, easy testing in production, and one-click failover so enterprises can achieve their most stringent Recovery Time Objectives (RTO) and Recovery Point Objectives (RPO).
With Arpio, organizations can set up multi-region, multi-account disaster recovery in minutes. The system backs up everything needed to fully recover cloud applications – data, servers, and infrastructure – including identity, networking, and configurations. For added security, all data remains in the customer environment; backups are vaulted and air-gapped, further ensuring recovery in case of ransomware or corruption.
Customers included Choice Hotels, 23andMe, Ricoh, and SAS
FinSMEs
18/08/2023