Richard Moran Joins Venrock, Expanding Its Footprint in Internet-Based Technology Ventures

MENLO PARK, Calif.--(BUSINESS WIRE)--Venrock today announced Richard A. Moran, award-winning author and world-class organizational consultant, has joined its elite group of investment professionals. Moran will focus on identifying new ventures and advising Venrock’s portfolio of internet-based technology investments.

“Venrock is thrilled to add such unique talent to our distinguished group of investors”

“Venture-backed pioneers traditionally are on their own to sink or swim,” said Richard A. Moran, partner, Venrock. “Venrock is unique in that the firm is investing in unconventional ways to assess their portfolio company needs and determine what it takes organizationally to grow. I’m looking forward to extending my perspectives to the venture world, working with Venrock companies that are built to last.”

Moran is serving as a partner, responsible for identifying new investment opportunities in technology and advising companies across Venrock’s portfolio on organizational change. As a 25 year veteran of Silicon Valley, Moran, 56, has served as a business consultant, social scientist, best selling author and evangelist for organization effectiveness. Moran’s work is derived from his observations as a partner at Accenture and a lifetime of trying to improve the effectiveness of organizations. He has consulted and worked with News Corp, Hewlett Packard, Apple Computer, Atari and Electronic Arts. His work also draws from the public sector, where he has applied his organizational expertise as Chairman of the Board for: Golden Gate University, San Francisco; San Francisco Museum and Historical Society; and Project Open Hand, San Francisco. Moran has distilled over 2000 bulleted prescriptions, “too simple not to know”, encompassing technological change, cubical life and career and life management. His observations appear in his five best selling books, including his latest, Nuts, Bolts and Jolts. Moran earned an A.B. at Rutgers College, M.S. at Indiana University and Ph.D. at Miami University, Oxford Ohio.

“Venrock is thrilled to add such unique talent to our distinguished group of investors,” said Ray Rothrock, managing partner, Venrock. “Rich has the right mix of investment experience, intellect, foresight and capabilities to assist entrepreneurs build companies that make a positive and lasting impact on society which ultimately shapes the future.”

About Venrock

Venrock is a premier venture capital firm with offices in Menlo Park, New York, Cambridge, MA, and Israel. Originally established as the venture capital arm of the Rockefeller family, Venrock continues a seven-decade tradition of funding entrepreneurs and establishing successful, enduring companies. Having invested $1.8 billion in 400 companies resulting in over 120 IPOs over the past 38 years, Venrock’s investment returns place it among the top tier venture capital firms that have achieved consistently superior performance. With a primary focus on information technology, healthcare, and energy, portfolio companies have included Intel, Apple Computer, StrataCom, Check Point Software, and DoubleClick; Sirna Therapeutics, Centocor, Idec Pharmaceuticals, Sugen, Millennium Pharmaceuticals, and Illumina. For more information, please visit www.venrock.com.