ATLANTA–(BUSINESS WIRE)–Valor Ventures announces its investment in Arpio, Inc., which makes Valor’s eighteenth investment in fast-growth software based in the Southeast. Headquartered in Raleigh-Durham, NC, Arpio is led by co-founders CEO Doug Nueman, CEO, and Shaw Terwilliger, CTO. Valor is the largest investor in Arpio’s first financing of $2 million. Valor General Partner Robin Bienfait joins Arpio’s newly formed board. In addition to Valor Ventures, participants in the round included Y Co