View, Inc.: Difference between revisions
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==Funding== |
==Funding== |
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After raising around $10.6M in Series A funding from Sigma Partners and [[Khosla Ventures]], |
After raising around $10.6M in Series A funding from Sigma Partners and [[Khosla Ventures]], View focused on building up a team of experienced technologists and executives and developing its technology.<ref>{{cite web |url=http://venturebeatprofiles.com/company/profile/soladigm |title=Soladigm - Company Information |dead-url=yes |archive-url=https://web.archive.org/web/20100414223234/http://venturebeatprofiles.com/company/profile/soladigm |archive-date=April 14, 2010 }}</ref> In 2009, the company closed an additional $20.7M in Series B funding from its existing investors and moved its headquarters from Santa Rosa to Milpitas, CA.<ref>{{cite web|url=http://www.crunchbase.com/financial-organization/sigma-partners |title=Sigma Partners | CrunchBase Profile |publisher=Crunchbase.com |date= |accessdate=2012-05-02}}</ref> In late 2010, General Electric selected Soladigm to be a winner out of 3,800 contestants in 150 different countries in the Ecomagination Challenge.<ref>{{cite news|url=http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2010/11/16/BUEI1GCUF0.DTL&type=business |title=General Electric picks winning ideas |publisher=Sfgate.com |date=2010-11-17 |accessdate=2012-05-02 |first=David R. |last=Baker}}</ref> In 2011, the company raised at least $40M in Series C funding while receiving about $40M in loan from Mississippi to build its first manufacturing plant there.<ref>{{cite news|last=Wang |first=Ucilia |url=http://www.reuters.com/article/2011/02/15/idUS78165695520110215 |title=Soladigm Closes $40M for Its First Smart Window Factory |publisher=Reuters |date= 2011-02-15|accessdate=2012-05-02}}</ref> In June 2012, View announced that it had raised $55M in Series D Financing.<ref>{{cite news|url=http://www.bizjournals.com/sanjose/news/2012/06/25/soladigm-raises-55m-in-series-d.html |title=Soladigm raises $55M in Series D financing |publisher=Business Journal |date=2012-06-25 |accessdate=2012-08-29}}</ref> In January 2015, View raised another $75M.<ref>{{cite news|url=https://gigaom.com/2015/01/05/smart-window-startup-view-is-raising-another-75m |title=Smart window startup View is raising another $75M |publisher=GIGAOM |date=2015-01-05 |accessdate=2015-01-09}}</ref> In August 2015, Forbes reported that View raised $150 million from the New Zealand Superfund, Corning, Madrone Capital Partners (associated with the Walton family), together with several leading real estate players. View was valued at over $836 million in this latest round. On February 07, 2017 View®, announced that it has secured $100M in investments, including a $50 million investment by TIAA Investments, an affiliate of $882 billion Nuveen. This investment provides growth capital and enables View to expand its manufacturing capacity and to scale operations in order to meet rapidly growing demand. View Dynamic Glass has been installed in 316 building structures across North America, with an additional 100 underway in various commercial markets including corporate offices, healthcare, government, higher education and hospitality.<ref>{{cite news|url=http://www.forbes.com/sites/aarontilley/2015/08/13/smart-glass-maker-view-raises-150-million/ |title=Smart Window Maker View Raises $150 Million |publisher=Forbes|date=2015-08-13 |accessdate=2015-08-13}}</ref> |
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==Products== |
==Products== |
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Revision as of 19:39, 19 February 2017
 | This article contains promotional content. (January 2015) |
| Company type | Private |
|---|---|
| Industry | Smart glass |
| Founded | 2006 |
| Headquarters | , United States |
Key people | Dr. Rao Mulpuri (CEO) Dr. Robert Robzicki (Chief Technical Officer |
| Products | Switchable glass curtain walls, windows, doors, and skylights |
Number of employees | 500-750 |
| Website | viewglass.com |
View is a the leading company delivering dynamic glass systems based on electrochromism. Using intelligent controls, dynamic glass intelligently tints to reduce incoming sunlight when occupants are experiencing excess glare or heat while maintaining the view. View Inc., previously Soladigm, was founded in 2006 by Dr. Paul Nguyen, and is headquartered in Milpitas, California. On November 12, 2012, Soladigm announced a name change to View, Inc.[1] To date, the company has raised over $600 million dollars with an investment syndicate that includes TIAA, General Electric, Corning Glass, Seagate, Madrone Capital Partners, and the New Zealand SuperFund. In December 2008, Dr. Rao Mulpuri became CEO of the company.[2]
Funding
After raising around $10.6M in Series A funding from Sigma Partners and Khosla Ventures, View focused on building up a team of experienced technologists and executives and developing its technology.[3] In 2009, the company closed an additional $20.7M in Series B funding from its existing investors and moved its headquarters from Santa Rosa to Milpitas, CA.[4] In late 2010, General Electric selected Soladigm to be a winner out of 3,800 contestants in 150 different countries in the Ecomagination Challenge.[5] In 2011, the company raised at least $40M in Series C funding while receiving about $40M in loan from Mississippi to build its first manufacturing plant there.[6] In June 2012, View announced that it had raised $55M in Series D Financing.[7] In January 2015, View raised another $75M.[8] In August 2015, Forbes reported that View raised $150 million from the New Zealand Superfund, Corning, Madrone Capital Partners (associated with the Walton family), together with several leading real estate players. View was valued at over $836 million in this latest round. On February 07, 2017 View®, announced that it has secured $100M in investments, including a $50 million investment by TIAA Investments, an affiliate of $882 billion Nuveen. This investment provides growth capital and enables View to expand its manufacturing capacity and to scale operations in order to meet rapidly growing demand. View Dynamic Glass has been installed in 316 building structures across North America, with an additional 100 underway in various commercial markets including corporate offices, healthcare, government, higher education and hospitality.[9]
Products
View dynamic glass electrochromic (EC) coating has multiple layers with a thickness of 1 micron. View dynamic glass has been commercially available since 2012 producing and shipping IGU's up to 5' x 10'. Current size is available up to 6' x 10', the largest in the industry. View uses a scalable, modular architecture to connect the IGU's utilizing a simple trunk line, terminated wiring and can be reconfigured remotely. The intelligence system is driven by a cloud connected, real time monitoring and management system to enable remote diagnosis and recovery and remote customization (eg re-zoning). As of February 2017, View dynamic glass has been installed in more than 300 projects with another 100+ under construction. In December 2013, a Forbes's article claimed that demands for View's products had been strong enough that View was sold out completely in 2013 and was working on fulfilling orders well into 2014.[10]
Competitors
View's main competitors include SAGE Electrochromics in the US and EControl-Glas in Europe. Saint-Gobain, a French multinational corporation which has successfully commercialized switchable electrochromic sunroofs, recently paid $80M to purchase a 50% stake in SAGE Electrochromics.[11] Since 2010, Applied Materials started to explore electrochomic smart glass as a new business opportunity, leveraging its expertise in thin film deposition and manufacturing technologies.[12]
References
- ^ http://www.viewglass.com/press.php#press
- ^ [1] [dead link]
- ^ "Soladigm - Company Information". Archived from the original on April 14, 2010.
{{cite web}}: Unknown parameter|dead-url=ignored (|url-status=suggested) (help) - ^ "Sigma Partners | CrunchBase Profile". Crunchbase.com. Retrieved 2012-05-02.
- ^ Baker, David R. (2010-11-17). "General Electric picks winning ideas". Sfgate.com. Retrieved 2012-05-02.
- ^ Wang, Ucilia (2011-02-15). "Soladigm Closes $40M for Its First Smart Window Factory". Reuters. Retrieved 2012-05-02.
- ^ "Soladigm raises $55M in Series D financing". Business Journal. 2012-06-25. Retrieved 2012-08-29.
- ^ "Smart window startup View is raising another $75M". GIGAOM. 2015-01-05. Retrieved 2015-01-09.
- ^ "Smart Window Maker View Raises $150 Million". Forbes. 2015-08-13. Retrieved 2015-08-13.
- ^ Noglows, Paul (2013-12-11). "How View Is Reinventing Your Windows". Forbes.
- ^ "Saint-Gobain to make $80 million strategic investment in SAGE to revolutionize building industry with mass-produced, affordable dynamic glass technology". Business Wire. 2010-11-10. Retrieved 2012-05-02.
- ^ "What is Electrochromic Smart Glass?". The Applied Materials Blog. 2010-12-13. Retrieved 2012-05-02.
Further reading
- Dolan, Kerry A. (July 30, 2010). "Smart Window Maker Soladigm To Manufacture In Mississippi". Forbes Magazine. Retrieved May 2, 2012.
{{cite news}}: Italic or bold markup not allowed in:|publisher=(help) - Dries, Bill (July 30, 2010). "Olive Branch Lands Soladigm, 350 Jobs". The Daily News (Memphis, TN). Retrieved May 2, 2012.
{{cite web}}: Italic or bold markup not allowed in:|publisher=(help) - LaMonica, Martin (December 13, 2010). "Soladigm lands cash for energy-saving 'smart glass'". CNET News. Retrieved May 2, 2012.
- Sibley, Lisa (March 19, 2012). "Soladigm raises $9.5M". Silicon Valley/San Jose Business Journal. Retrieved May 2, 2012.