View Announces $1.1 Billion Investment from the SoftBank Vision Fund to Meet Accelerating Demand
View, the leader in dynamic glass, today announced a $1.1 billion investment from the SoftBank Vision Fund. Demand for View’s intelligent windows is rapidly growing as companies increasingly recognize the benefits of modernizing their work environments to improve the health and productivity of their employees.
View makes the entire skin of buildings intelligent for the first time. This improves human health and wellness by preserving unobstructed views, automatically letting in the optimum amount of natural light, and greatly reducing heat and glare. It also cuts the building energy consumption by up to 20 percent.
View Dynamic Glass is installed in 35 million square feet of buildings and is growing rapidly. There is compelling evidence that View helps improve the health and wellness of occupants. Harvard Business Review published a study identifying natural light as the #1 desired office perk. Another recent study found significant health benefits associated with View Dynamic Glass over regular windows, including greater than 50% reductions in eye strain, headaches, and drowsiness – all contributing to improved employee health and productivity.
This investment will help further expand production and deployment capabilities, and accelerate product innovations, and is subject to customary closing conditions, including receipt of applicable regulatory approvals.
Nov. 2, 2018