Austin-based Kinnser Software announced Monday that it has received a $40 million investment from Insight Venture Partners.
The company plans to use the money to expand its software business and for a national sales and marketing campaign.
“Kinnser provides services to more than 55,000 users working in more than 900 home health agencies and therapy providers nationwide,” according to the company. “Revenue at Kinnser has grown more than 80 percent annually since the company was founded in 2003.”
Kinnser made INC. magazine’s list of the fastest growing private company for 2010 and 2011.