MadHat Media hires Ricci Capital Partners for Series A raise

By AI, Created 7:50 PM UTC, May 21, 2026, /AGP/ – MadHat Media has engaged Ricci Capital Partners to advise on its Series A financing as the Boston network infrastructure company moves toward broader deployment of its DDARP technology. The raise is intended to speed up node rollout and push the system closer to full operational scale.

Why it matters: - MadHat Media is trying to move DDARP from early development into scaled deployment. - The Series A is meant to fund a global network intelligence infrastructure, not just a standalone software product. - The company is targeting investors that understand long-duration infrastructure buildouts and strategic network assets.

What happened: - MadHat Media, Inc. said on May 21, 2026, that it engaged Ricci Capital Partners as its capital markets advisor. - Ricci Capital Partners will support the company’s Series A financing. - The advisory mandate covers capital formation strategy, investor engagement, and transaction execution. - The announcement was made in Boston.

The details: - MadHat Media is developing DDARP, short for Distributed Detection and Ranging Protocol. - DDARP is designed as a real-time reference layer for internet performance. - The system is built to measure, detect, and map how network conditions and disturbances spread across the global internet. - The architecture uses synchronized observation nodes across cloud, transit, and edge environments. - MadHat Media says DDARP is being built as underlying infrastructure that can operate independently of any single operator, cloud provider, or enterprise network. - The company said the Series A financing will accelerate deployment of DDARP’s global node network and advance its timing and telemetry architecture toward full operational scale. - Ricci Capital Partners is an independent investment banking advisory firm focused on private placements, capital markets strategy, debt advisory, and mergers and acquisitions. - The firm works with growth-stage and middle-market companies on financing and transaction execution. - MadHat Media said Ricci Capital Partners brings experience in private placements and strategic capital advisory. - MadHat Media is selectively engaging with investors aligned with infrastructure-scale deployment and long-duration capital strategies. - The company also said the engagement reflects a push toward institutional-grade capital formation and strategic investor alignment. - The release included a forward-looking statements disclaimer covering capital formation, infrastructure deployment, and strategic positioning. - MadHat Media’s media contact is Performance Marketing Group, Ed Hennessy, ehennessy@pmg-results.com, +1-603-320-4593. - The company’s social media link is MadHat Media on LinkedIn.

Between the lines: - MadHat Media is positioning DDARP as foundational infrastructure, which suggests a strategy built around scale, defensibility, and network effects. - The emphasis on institutional capital and select investor outreach signals a financing approach aimed at specialized backers rather than broad retail attention. - The company’s language around global coverage implies that network density is central to DDARP’s value proposition.

What’s next: - MadHat Media will continue its Series A process with Ricci Capital Partners advising on fundraising and investor outreach. - The company plans to keep expanding DDARP’s global node network. - Further progress is expected on the system’s timing and telemetry architecture as MadHat Media moves toward full operational scale. - The company said the goal is to reach a level of coverage that makes the system difficult to replicate.