In the end of June, RSG Capital completed the investment in the company Marg and its solution 4thOffice, a cloud-based social business tool that transforms how employees perform, share, and connect with each other at work.
4thOffice is a learning, intelligent and zero configuration/zero setup-cost solution that uses semantic tools to enable social interaction and collaboration between business users, deploying 1-click actions based on learning from past behavior. In addition to basic document management, 4thOffice encompasses a number of standard supporting process workflows, including digital mailroom, meetings, travel, and absence management. Additionally, it includes operations process workflows such as purchasing, invoicing, accounts receivables and payables management. 4thOffice fully supports project management and is also an online archiving solution. It can be accessed via the internet, PC, laptop, iPad, or mobile phone. As such, it is the single point of communication between the employee and his/her company environment.
4thOffice raised £750k seed investment from premier European VC Notion capital in early 2013 to set up team and seed initial UK expansion. Notion is a venture capital firm focused on high potential businesses in the Cloud Computing and Software-as-as-Service (SaaS) markets. Notion Capital also participates in this round of financing together with RSG Capital and Ben White, co-founder of Notion Capital and one of the most known entrepreneurs in Britain, who invests in high potential businesses.
With the new investment, company will boost and accelerate its sales and marketing activities in new markets and speed up further product development. Currently, 4thOffice platform has more than 18.000 users and it also won a "Best business idea 2013/2014" award.
You can try 4thOffice for free on this link – https://www.4thoffice.com/web/#introduction.