Silicon Valley venture firm Venrock Associates said it has added consultant and author Rich Moran as a new partner, with a focus on digital media and software, reports PE Week today.

Also pending is an announcement of the final closing of the firm’s fifth fund at or around $550 million, PE Week said.

VentureBeat's mission is to be a digital town square for technical decision-makers to gain knowledge about transformative enterprise technology and transact. Discover our Briefings.