Diligence memo · auto-generated · as of July 3, 2026
HFR Networks Inc.
HFR Networks Inc. looks fair against its niche peers and is dormant on financing cadence.
Businessfiled
HFR Networks Inc. operates in Telecommunications, based in RICHARDSON.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
HFR Networks Inc. has raised $10M in disclosed capital across 1 recorded round, aggregated from public filings. Its latest round is modeled as Series A (a $4.0M–$15M round).
Largest single filing: $10M on 2021-12-30.
Most recent recorded round closed around 2021-12-30.
Valuation (modeled)modeled
Provath models HFR Networks Inc. at approximately $107M (range $13M–$412M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Fair. Modeled value is 0.96× the median modeled value of Series A Telecommunications companies in 2019–2021 (26 peers) — value vs value, same stage and era. Within the normal band (96% of peer median) for its niche.
Financing rhythm & timingmixed
Last raise 4.5 yr ago; this sector typically re-raises about every 10 months.
Only one round on record and long silent — often defunct, acquired, or gone quiet.
Comparablesmixed
Capital scale ranks ahead of 68% of Telecommunications peers (929 compared).
Modeled value ranks above 75% of those peers.
Closest niche peers: California Internet Holdings, L.P., NuWave Communications, Inc., Indiana Fiber Network, LLC, Resonant Inc, Verana Networks, Inc..
Peoplefiled
1 named person on file across officers, directors and signatories.
Risks & flagsmixed
Financing has been silent well beyond sector cadence — possibly defunct, acquired, or paused.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.