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MadHat Media adds Ricci Capital Partners leaders to advisory board

8 hours ago

By AI, Created 7:50 PM UTC, May 21, 2026, /AGP/ – MadHat Media said Riccardo Ricci and Claudio Antonini of Ricci Capital Partners have joined its Board of Advisors as the company advances Series A fundraising and builds out DDARP, its global telemetry network. The move links capital markets experience with infrastructure deployment as MadHat Media pushes toward broader network coverage.

Why it matters: - MadHat Media is pairing fundraising support with strategic advice as it works to finance and scale DDARP. - The advisory board additions come as the company moves from product development toward global deployment. - The company is positioning DDARP as infrastructure, not just software, which raises the stakes for capital, execution and network density.

What happened: - MadHat Media announced that Riccardo Ricci and Claudio Antonini of Ricci Capital Partners joined the company’s Board of Advisors. - The appointments follow MadHat Media’s recent engagement of Ricci Capital Partners to support its Series A capital formation strategy. - Ricci Capital Partners is helping MadHat Media with capital strategy, investor alignment and strategic positioning. - The announcement was made in Boston on May 21, 2026.

The details: - MadHat Media is developing DDARP, short for Distributed Detection and Ranging Protocol. - DDARP is designed as a globally distributed telemetry infrastructure that measures and interprets real-time network conditions across the internet. - The system is built to detect performance disturbances and analyze how those disturbances spread across interconnected systems. - MadHat Media says DDARP becomes a persistent infrastructure layer once network density reaches a sufficient level. - Riccardo Ricci is founder and managing partner of Ricci Capital Partners. - Ricci has experience in company building, capital formation and strategic transactions, including scaling businesses to more than $100 million in annual revenue and managing large asset portfolios. - Claudio Antonini has more than 17 years of mergers and acquisitions experience and has participated in more than 200 transactions on both buy-side and sell-side engagements. - Antonini has held leadership roles at EY and Deloitte. - Ricci said MadHat Media is building a system that addresses a fundamental gap in how global networks are understood. - Ricci said the approach represents a meaningful step toward a new category of infrastructure. - MadHat Media describes DDARP as a neutral reference layer that can observe how network conditions propagate across interconnected systems at global scale.

Between the lines: - MadHat Media is signaling that its Series A is not just about raising money; it is also about bringing in advisors with transaction experience who can help shape market positioning. - The company’s language points to a long-term infrastructure play, which suggests it is trying to frame DDARP as mission-critical technology with durable value. - The forward-looking statements in the release signal execution risk around capital formation, deployment and strategic positioning.

What’s next: - Ricci and Antonini will advise MadHat Media as the company advances its Series A financing. - MadHat Media will continue deploying its global network for DDARP. - The company’s next milestone appears to be achieving enough network density for DDARP to function as a persistent infrastructure layer. - More information is available on MadHat Media’s LinkedIn page.

Disclaimer: This article was produced by AGP Wire with the assistance of artificial intelligence based on original source content and has been refined to improve clarity, structure, and readability. This content is provided on an “as is” basis. While care has been taken in its preparation, it may contain inaccuracies or omissions, and readers should consult the original source and independently verify key information where appropriate. This content is for informational purposes only and does not constitute legal, financial, investment, or other professional advice.

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