View Valuation, Funding & Investors

View is valued at $1B as of June 2017.

See full View profile

Last View valuation

$1B

Series G · Jun 2017

Last View funding round

$1.1B

Series H · Nov 2018

Cumulative funding View raised

$1.6B

across 6 funding rounds

Key investors in View

View Overview

About View

View is a Milpitas-headquartered developer of smart building technologies, featuring View Smart Windows that use artificial intelligence to tint automatically based on sunlight. Installed across over 90 million square feet in offices, hospitals, airports, educational facilities, hotels, and multifamily residences, the system boosts natural light, cuts energy use by reducing HVAC demands, and lowers carbon emissions. Each deployment includes a cloud-based platform for occupant experience enhancements.


Founded

2007

HQ

United StatesSan Jose, CA

Website

view.com

Status

Privately held

Customer focus

B2B

Revenue model

Product sales, Subscription

Valuation

$1B (Jun 2017)

View Valuation

View is currently valued at $1B, based on its Series G in June 2017. Read the announcement ↗

The $200M round was led by BlackRock and TIAA.

View's valuation has grown 1.5x from $660M at its Series E in June 2013 to $1B in June 2017, across 3 priced rounds.

View valuation by funding round

View valuation by funding round
DateStageValuation
Jun 2017Series G$1B
Jan 2014Series E$700M
Jun 2013Series E$660M

View Funding History

View has raised a total of $1.6B across 6 funding rounds.

View's first fundraising round was a $60M Series E in June 2013. The most recent completed round was a $1.1B Series H in November 2018.

View funding rounds

View funding rounds
DateStageInvestorsRaisedValuationDeal Summary
Nov 2018Series HSoftBank Group (lead)$1.1B--
Jun 2017Series GBlackRock (lead); TIAA (lead)$200M$1BView, a California-based maker of electrochromic smart glass, completed a Series G financing of more than $200 million in June 2017, with BlackRock and TIAA Investments among the participating investors. Reports put BlackRock's funds at about $70 million and TIAA at about $50 million, with the remainder coming from existing backers; a first tranche of about $100 million had closed earlier in 2017. The round was reported to value the company at more than $1 billion post-money. The proceeds were intended to scale manufacturing and expand sales of its smart windows. View makes glass that tints electronically in response to sunlight and building controls, selling to commercial real estate owners and developers to cut energy use and improve occupant comfort. The company is headquartered in Milpitas, California and operates its own glass manufacturing facility. It had raised close to $650 million in disclosed funding before this round.
Aug 2015Series FNZ Super Fund; Corning; Madrone Capital Partners$150M--
Jan 2014Series EMadrone Capital Partners (lead)$100M$700MView Inc., a Milpitas, CA-based leader in dynamic glass technology that electronically tints windows for buildings to reduce lighting and HVAC costs, received a $100 million equity investment from Madrone Capital Partners on January 7, 2014. The funding, one of the largest cleantech deals in the prior 12 months, was intended to accelerate growth, expand market presence, and meet rising demand for View Dynamic Glass amid a growing project pipeline. Madrone, a Menlo Park firm specializing in growth capital and affiliated with the Walton family, joined with Thomas Patterson taking a board seat, viewing View as a high-growth opportunity in a large market due to its differentiated technology and strong leadership. By 2014, View (formerly Soladigm, founded in 2007) had raised a total of around $300 million across prior rounds, including a $60 million Series E led by Corning earlier that year, and installed its intelligent glass in over 50 projects since 2012. CEO Dr. Rao Mulpuri highlighted the investment's role in scaling operations and building U.S. manufacturing plants like one in Mississippi, with potential future paths including an IPO to fund further expansion, though the focus remained on market development. The technology promised up to 20% annual savings on building energy costs, targeting large-scale developers and architects.
Nov 2013Series ASigma Partners; +ND Capital; Khosla Ventures$13M--
Jun 2013Series ECorning (lead); Khosla Ventures; GE Capital$60M$660M-

Who has invested in View?

10 investors have backed View across its funding rounds, including Khosla Ventures, Madrone Capital Partners, Corning, SoftBank Group, BlackRock and +ND Capital.

Lead investors include SoftBank Group, BlackRock, TIAA, Madrone Capital Partners and Corning.


View Investors

Investors in View by funding rounds participated
InvestorHQRoundsRoleFirst check
Khosla VenturesUnited StatesSan Francisco, CA2ParticipantJun 2013
CorningUnited StatesCorning, NY2LeadJun 2013
Madrone Capital PartnersUnited StatesMenlo Park2LeadJan 2014
SoftBank GroupJapanTokyo1LeadNov 2018
Sigma PartnersUnited StatesBoston, MA1ParticipantNov 2013
+ND CapitalUnited StatesSan Francisco, CA1ParticipantNov 2013
BlackRockUnited StatesNew York City, NY1LeadJun 2017
NZ Super FundNew ZealandAuckland1ParticipantAug 2015

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Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples

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Acquisitions by View

View has acquired 1 company to date.

Last acquisition by View was on July 8th 2021. View acquired IoTium for undisclosed valuation.


Latest Acquisitions by View

IoTium
Description
IoTium is a Silicon Valley-headquartered firm offering Network as a Service for IIoT. Backed by GE Ventures and Juniper, its patented platform connects legacy OT systems to AWS and Azure for industries like oil & gas and manufacturing, enabling secure remote access across 100 sites.
HQ CountryUnited States
HQ City
San Jose, CA
Deal Date8 Jul 2021
Valuationundisclosed
EV/Revenue
EV/EBITDA

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View Competitors

View competitors include listed companies like thyssenkrupp nucera and Plejd, and private ones like Newlink, DeepCtrls, PVPower and COSMOplat.

Public and private companies comparable to View
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
NewlinkChinaBeijingPrivate--$1B-
DeepCtrlsSingaporeSingaporePrivate--$442M-
thyssenkrupp nuceraGermanyGermanyPublicly listed$946M$16M$1.1B0.7x
PVPowerUnited StatesChicago, ILPrivate--$1.5B-
COSMOplatChinaShanghaiPrivate--$1B-
PlejdSwedenSwedenPublicly listed$96M$32M$986M8.0x

View Public Comps

View is still privately-owned, but its public comps include Henan Yicheng New Energy, Plejd, Exmar, Atlas Energy Solutions, Zehnder Group, Polenergia, Lindab International, Fugro, Quanex and Gosuncn Technology Group.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Henan Yicheng New Energy$531M($30M)2.9x-(50.9x)-
Plejd$96M$32M10.2x8.0x30.0x21.5x
Exmar$248M$118M4.8x-10.1x-
Atlas Energy Solutions$1.1B$179M1.9x1.9x11.6x12.0x
Zehnder Group$852M$96M1.1x1.1x10.1x9.4x
Polenergia$1.1B$72M1.5x1.7x22.1x12.7x
Lindab International$1.3B$182M1.1x1.1x8.0x8.8x
Fugro$2.1B$159M0.8x0.8x9.9x5.6x

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Common questions about View

When was View founded?View was founded in 2007.
Where is View headquartered?View is headquartered in San Jose, CA, United States.
Is View publicly listed?No, View is a private, VC-backed company.
What is View's valuation?View was last valued at $1B in its Series G in June 2017.
How much funding has View raised?View has raised $1.6B across 6 funding rounds.
What was View's last funding round?View's last funding round was a $1.1B Series H in November 2018, led by SoftBank Group.
Who are View's investors?View's investors include Khosla Ventures, Corning, Madrone Capital Partners, SoftBank Group, Sigma Partners, +ND Capital, BlackRock, NZ Super Fund, TIAA and GE Capital.
Which companies are comparable to View?Companies comparable to View include Newlink, DeepCtrls, thyssenkrupp nucera, PVPower, COSMOplat and Plejd.
How many companies has View acquired?View has acquired 1 company, including IoTium.

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