View, Inc.: Difference between revisions
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⚫ | | key_people = Dr. Rao Mulpuri <small>([[Chief executive officer|CEO]])</small> <br /> Dr. Robert Robzicki <small>([[Chief technology officer|CTO]])</small><br />James Fay <small>([[Chief financial officer|CFO]])</small><br />Brian Harrison <small>([[Chief operating officer|COO]])</small> <br />Rahul Bammi <small>([[Chief Marketing Officer|CMO]])</small> <br />Mark Mendenhall<small>([[Chief Customer Officer|CCO]])</small> |
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| founder = Dr. Paul Nguyen <small>([[Founder, Chairman]])</small> <br /> |
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| products = View Dynamic Glass, View Intelligence |
| products = View Dynamic Glass, View Intelligence |
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'''View''' |
'''View, Inc.''' is an [[United States|American]] [[smart glass]] company. It's headquartered in [[Milpitas, California]] and it has manufacturing plant in [[Olive Branch, Mississippi]].<ref name="auto">{{cite news | url=http://www.forbes.com/sites/velocity/2010/07/30/smart-window-maker-soladigm-to-manufacture-in-mississippi/ | title=Smart Window Maker Soladigm To Manufacture In Mississippi | publisher=''[[Forbes Magazine]]'' | date=July 30, 2010 | accessdate=May 2, 2012 | author=Dolan, Kerry A.}}</ref> It produces integrated glass units (IGUs) incorporating View Dynamic Glass since 2012. View's control system and software, View Intelligence, enables remote diagnosis and recovery and remote customization. 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.<ref name=crunchbase>{{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><ref>https://www.bizjournals.com/sanjose/news/2016/12/02/cfo-of-the-year-2016-james-fay-of-view-inc.html</ref> |
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==History== |
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Echromics was founded on April 9, 2007 by Dr. Paul Nguyen. The company’s original approach was to develop reflective electrochromic glass, the focus of Dr. Nguyen’s doctorate. Mike Scobey became CEO of the company in May, 2007 and the company changed its name to Soladigm on September 27, 2007. In December 2008, Rao Mulpuri replaced Mike Scobey as CEO. Paul Nguyen left the company on Feb 3, 2009.<ref name=sfgate>{{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> |
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After raising around $10.6M in Series A funding from Sigma Partners and [[Khosla Ventures]], Founder and Chairman Nguyen focused on building up a team of experienced technologists and executives and developing its technology.<ref name=venturebeat/> Working with CEO Mike Scobey, VP of Operations Mike Woolston, and the team, Dr. Nguyen developed and set the technical foundation for absorptive electrochromic devices as View's main products, while exploring reflective electrochromic technology for potential application to future products. 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, California, USA.<ref name=crunchbase/> 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 name=sfgate/> In 2011, the company raised at least $40M in Series C funding while receiving about $40M in loan from the State of Mississippi, USA to build its first manufacturing plant there.<ref name=reuters/> In June 2012, View announced that it had raised $55M in Series D Financing.<ref name=bizjournals/> In January 2015, View raised another $75M.<ref name=gigaom/> 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 provided growth capital and enabled View to expand its manufacturing capacity and to scale operations in order to meet rapidly growing demand. In June, 2017, BlackRock, which has $5.4 trillion in assets under management, led a $200 million investment in View. With the latest investment, View's current valuation is well over $1.4 billion. |
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Shortly after Nguyen’s departure, the company decided to focus on development of absorptive electrochromic glass as it was well known that reflective electrochromic technology suffered from poor durability. At the same time, the company looked for opportunities to relocate and in the summer of 2009 moved its headquarters from Santa Rosa to Milpitas, California, USA taking over a previous Seagate facility. The Seagate facility contained a coating system that was previously used to manufacture thin film technology for hard drives and could coat much larger panes of glass compared to the equipment present in the Santa Rosa location. A number of innovative breakthroughs in the area of absorptive electrochromic technology were achieved on the new coating system over the following 18 months (late 2009 and all of 2010); these enabled the company to achieve the key requirements in scale and durability that have become the basis for the dynamic glass products the company offers today. On November 8, 2012, the company changed its name to View, Inc.<ref>{{cite web | url=http://www.memphisdailynews.com/editorial/Article.aspx?id=51764 | title=Olive Branch Lands Soladigm, 350 Jobs | publisher=''The Daily News'' (Memphis, TN) | date=July 30, 2010 | accessdate=May 2, 2012 | author=Dries, Bill}}</ref> |
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==Products== |
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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 6' x 10'. View uses a scalable, modular architecture to connect the IGU's utilizing a simple trunk line, terminated wiring and can be reconfigured remotely. View Intelligence 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 over 300 building structures across North America, with an additional 150+ 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|date=2015-08-13|publisher=Forbes|accessdate=2015-08-13}}</ref> |
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== |
==Production== |
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View manufactures and sells integrated glass units (IGUs) incorporating View Dynamic Glass, in sizes up to 10’ x 6’. The dynamic glass incorporates an electrochromic (EC) film stack comprised of multiple layers with a cumulative thickness of 1 micron. View’s products have been commercially available since 2012, and View is the first company to provide dynamic glass with the durability, performance, aesthetics and size required to meet the needs of the architectural real estate market. View uses a scalable, modular architecture to connect the IGUs, utilizing a simple trunk line and terminated wiring. View’s control system and software, called Intelligence®, is driven by a cloud connected, real time monitoring and management system to enable remote diagnosis and recovery and remote customization (e.g., re-zoning). As of February 2017, View Dynamic Glass has been installed in over 350 building structures across North America, with an additional 150 underway in various commercial markets including corporate offices, healthcare, government, higher education and hospitality. The company has over 500 patents filed and over 100 patents issued worldwide.<ref name="auto"/><ref>{{cite web|url=http://www.apa.org/monitor/2017/05/cover-healthy-buildings.aspx|title=Healthy buildings, productive people|accessdate=18 July 2017}}</ref><ref>{{cite web | url=http://news.cnet.com/8301-11128_3-20025504-54.html | title=Soladigm lands cash for energy-saving 'smart glass' | publisher=CNET News | date=December 13, 2010 | accessdate=May 2, 2012 | author=LaMonica, Martin}}</ref><ref>{{cite news | url=http://www.bizjournals.com/sanjose/news/2012/03/19/soladigm-raises-95m.html | title=Soladigm raises $9.5M | publisher=[[American City Business Journals|Silicon Valley/San Jose Business Journal]] | date=March 19, 2012 | accessdate=May 2, 2012 | author=Sibley, Lisa}}</ref><ref name=vieglassPress>{{cite web|url=http://www.viewglass.com/press.php#press |title=Resources |publisher=Viewglass.com |date= |accessdate=2017-06-30}}</ref> |
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==Funding== |
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<ref name=vieglassPress>{{cite web|url=http://www.viewglass.com/press.php#press |title=Resources |publisher=Viewglass.com |date= |accessdate=2017-06-30}}</ref> |
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Echromics raised $10.6M in Series A funding from Sigma Partners and Khosla Ventures. In 2009, the company, now named Soladigm, closed an additional $20.7M in Series B funding. In late 2010, General Electric selected Soladigm a winner out of 3,800 contestants in 150 different countries in the Ecomagination Challenge. In 2011, the company raised an additional $40M in Series C funding while also receiving a $40M loan from the State of Mississippi, USA where the company built its first manufacturing plant. In June 2012, the company now named View announced that it had raised $55M in Series D Financing. In January 2015, View raised another $75M.[8] In August 2015, Forbes reported that View raised another $150 million in a late-stage Series F round. The New Zealand Super Fund, a government-owned investment fund, led the round with $75 million. Existing investors Corning and Madrone Capital Partners also invested. On June 27, 2017 View, announced that it has secured over $200M in investments, including a $70 million investment from BlackRock and a $50 million investment by TIAA Investments, an affiliate of $882 billion Nuveen.<ref name=reuters>{{cite news|last=Wang |first=Ucilia |url=https://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><ref name=venturebeat>{{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><ref name=gigaom>{{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><ref>{{cite web|url=http://solarindustrymag.com/solar-led-clean-energy-investment-rebound-q2|title=Solar Led Clean Energy Investment Rebound In Q2 - Solar Industry|date=7 July 2017|publisher=|accessdate=18 July 2017}}</ref> |
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==Competitors== |
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<ref name=venturebeat>{{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> |
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View's main competitors include [[SAGE Electrochromics]] in the USA, which was acquired in 2012 by Saint-Gobain, one of the largest building materials companies in the world, and EControl-Glas in Europe. 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.<ref name=bizjournals>{{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> |
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==References== |
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<ref name=crunchbase>{{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> |
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{{Reflist|30em}} |
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<ref name=sfgate>{{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> |
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<ref name=reuters>{{cite news|last=Wang |first=Ucilia |url=https://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> |
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<ref name=bizjournals>{{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> |
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<ref name=gigaom>{{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> |
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}} |
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==Further reading== |
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* {{cite news | url=http://www.forbes.com/sites/velocity/2010/07/30/smart-window-maker-soladigm-to-manufacture-in-mississippi/ | title=Smart Window Maker Soladigm To Manufacture In Mississippi | publisher=''[[Forbes Magazine]]'' | date=July 30, 2010 | accessdate=May 2, 2012 | author=Dolan, Kerry A.}} |
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* {{cite web | url=http://www.memphisdailynews.com/editorial/Article.aspx?id=51764 | title=Olive Branch Lands Soladigm, 350 Jobs | publisher=''The Daily News'' (Memphis, TN) | date=July 30, 2010 | accessdate=May 2, 2012 | author=Dries, Bill}} |
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* {{cite web | url=http://news.cnet.com/8301-11128_3-20025504-54.html | title=Soladigm lands cash for energy-saving 'smart glass' | publisher=CNET News | date=December 13, 2010 | accessdate=May 2, 2012 | author=LaMonica, Martin}} |
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* {{cite news | url=http://www.bizjournals.com/sanjose/news/2012/03/19/soladigm-raises-95m.html | title=Soladigm raises $9.5M | publisher=[[American City Business Journals|Silicon Valley/San Jose Business Journal]] | date=March 19, 2012 | accessdate=May 2, 2012 | author=Sibley, Lisa}} |
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==External links== |
==External links== |
Revision as of 16:29, 19 July 2017
Company type | Private |
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Industry | Smart glass |
Founded | 2006 |
Headquarters | , United States |
Key people | Dr. Rao Mulpuri (CEO) Dr. Robert Robzicki (CTO) James Fay (CFO) Brian Harrison (COO) Rahul Bammi (CMO) Mark Mendenhall(CCO) |
Products | View Dynamic Glass, View Intelligence |
Number of employees | 500-750 |
Website | viewglass.com |
View, Inc. is an American smart glass company. It's headquartered in Milpitas, California and it has manufacturing plant in Olive Branch, Mississippi.[1] It produces integrated glass units (IGUs) incorporating View Dynamic Glass since 2012. View's control system and software, View Intelligence, enables remote diagnosis and recovery and remote customization. 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.[2][3]
History
Echromics was founded on April 9, 2007 by Dr. Paul Nguyen. The company’s original approach was to develop reflective electrochromic glass, the focus of Dr. Nguyen’s doctorate. Mike Scobey became CEO of the company in May, 2007 and the company changed its name to Soladigm on September 27, 2007. In December 2008, Rao Mulpuri replaced Mike Scobey as CEO. Paul Nguyen left the company on Feb 3, 2009.[4]
Shortly after Nguyen’s departure, the company decided to focus on development of absorptive electrochromic glass as it was well known that reflective electrochromic technology suffered from poor durability. At the same time, the company looked for opportunities to relocate and in the summer of 2009 moved its headquarters from Santa Rosa to Milpitas, California, USA taking over a previous Seagate facility. The Seagate facility contained a coating system that was previously used to manufacture thin film technology for hard drives and could coat much larger panes of glass compared to the equipment present in the Santa Rosa location. A number of innovative breakthroughs in the area of absorptive electrochromic technology were achieved on the new coating system over the following 18 months (late 2009 and all of 2010); these enabled the company to achieve the key requirements in scale and durability that have become the basis for the dynamic glass products the company offers today. On November 8, 2012, the company changed its name to View, Inc.[5]
Production
View manufactures and sells integrated glass units (IGUs) incorporating View Dynamic Glass, in sizes up to 10’ x 6’. The dynamic glass incorporates an electrochromic (EC) film stack comprised of multiple layers with a cumulative thickness of 1 micron. View’s products have been commercially available since 2012, and View is the first company to provide dynamic glass with the durability, performance, aesthetics and size required to meet the needs of the architectural real estate market. View uses a scalable, modular architecture to connect the IGUs, utilizing a simple trunk line and terminated wiring. View’s control system and software, called Intelligence®, is driven by a cloud connected, real time monitoring and management system to enable remote diagnosis and recovery and remote customization (e.g., re-zoning). As of February 2017, View Dynamic Glass has been installed in over 350 building structures across North America, with an additional 150 underway in various commercial markets including corporate offices, healthcare, government, higher education and hospitality. The company has over 500 patents filed and over 100 patents issued worldwide.[1][6][7][8][9]
Funding
Echromics raised $10.6M in Series A funding from Sigma Partners and Khosla Ventures. In 2009, the company, now named Soladigm, closed an additional $20.7M in Series B funding. In late 2010, General Electric selected Soladigm a winner out of 3,800 contestants in 150 different countries in the Ecomagination Challenge. In 2011, the company raised an additional $40M in Series C funding while also receiving a $40M loan from the State of Mississippi, USA where the company built its first manufacturing plant. In June 2012, the company now named View announced that it had raised $55M in Series D Financing. In January 2015, View raised another $75M.[8] In August 2015, Forbes reported that View raised another $150 million in a late-stage Series F round. The New Zealand Super Fund, a government-owned investment fund, led the round with $75 million. Existing investors Corning and Madrone Capital Partners also invested. On June 27, 2017 View, announced that it has secured over $200M in investments, including a $70 million investment from BlackRock and a $50 million investment by TIAA Investments, an affiliate of $882 billion Nuveen.[10][11][12][13]
Competitors
View's main competitors include SAGE Electrochromics in the USA, which was acquired in 2012 by Saint-Gobain, one of the largest building materials companies in the world, and EControl-Glas in Europe. 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.[14]
References
- ^ a b 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) - ^ "Sigma Partners | CrunchBase Profile". Crunchbase.com. Retrieved 2012-05-02.
- ^ https://www.bizjournals.com/sanjose/news/2016/12/02/cfo-of-the-year-2016-james-fay-of-view-inc.html
- ^ Baker, David R. (2010-11-17). "General Electric picks winning ideas". Sfgate.com. Retrieved 2012-05-02.
- ^ 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) - ^ "Healthy buildings, productive people". Retrieved 18 July 2017.
- ^ 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.
- ^ "Resources". Viewglass.com. Retrieved 2017-06-30.
- ^ Wang, Ucilia (2011-02-15). "Soladigm Closes $40M for Its First Smart Window Factory". Reuters. Retrieved 2012-05-02.
- ^ "Soladigm - Company Information". Archived from the original on April 14, 2010.
{{cite web}}
: Unknown parameter|dead-url=
ignored (|url-status=
suggested) (help) - ^ "Smart window startup View is raising another $75M". GIGAOM. 2015-01-05. Retrieved 2015-01-09.
- ^ "Solar Led Clean Energy Investment Rebound In Q2 - Solar Industry". 7 July 2017. Retrieved 18 July 2017.
- ^ "Soladigm raises $55M in Series D financing". Business Journal. 2012-06-25. Retrieved 2012-08-29.