Insight Venture Partners Sinks $9 Million Into NJ Software Firm


Achieve3000, a provider of web-based education software (reading comprehension, vocabulary, and writing) for students in grades 2 through 12, has landed a $9 million investment from New York-based Insight Venture Partners. The company, based in Lakewood, N.J., serves more than 500,000 students in 35 states with its two software products, KidzBiz3000 and TeenBiz3000.  Revenue grew 87% annually between 2003 and 2006. Via NewYorkBusiness

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