Corning Backs View to Develop Energy-Saving Glass for Buildings

Bloomberg 18 June 2013
Corning Inc., the maker of glass for flat-panel televisions, phones and tablets, led a $60 million investment in View Inc. and will help the company develop tintable, energy-saving windows for buildings.
Khosla Ventures, General Electric Co. (GE), Sigma Partners LP and NanoDimension Management Ltd. also participated in View’s Series E funding round, and the company has raised about $182.5 million in total equity financing since 2006, Chief Executive Officer Rao Mulpuri said by telephone.
Closely held View, based in Milpitas, California, is developing “dynamic glass” that changes tint in response to environmental conditions and user preferences, controlling the amount of sunlight and heat in buildings. Energy consumed by lighting, heating and air conditioning systems is reduced by about 20 percent a year in “a typical commercial installation,” View said today in a statement.
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