View Completes over $200M Financing Round with $70M Investment from BlackRock

Financing includes a previously announced $50M investment by TIAA,
along with participation from existing investors

MILPITAS, Calif.–(BUSINESS WIRE)–View®, the leader in dynamic glass, today announced that it has
completed a financing round of over $200M, including a $70 million
investment from funds and accounts managed by BlackRock, which has $5.4
trillion in assets under management globally.

“We are delighted to be supported by BlackRock, who recognizes View’s
potential to transform the real estate industry,” said View CEO Rao
Mulpuri. “View is now installed across 20 million square feet of
buildings and continues to experience tremendous growth across
commercial offices, healthcare, education, multi-family residential, and
airports. This investment enables us to scale our operations to meet
rapidly growing demand.”

View enables building owners to improve people’s comfort and
productivity while simultaneously improving energy efficiency, and
advancing smart and connected buildings. These unique benefits have
enabled View to lead the rapid adoption of electrochromic glass, with
over 350 completed commercial installations and another 150 in progress.

“Building developers and their tenants are increasingly embracing the
benefits of smart glass and recognize the differentiated value of View’s
innovative technology and manufacturing processes. We are excited about
View’s ability to leverage its strong foundation and harness its
momentum to grow the business globally,” said David Trucano, Portfolio
Manager, BlackRock Global Credit team.

For more information about View, visit: www.viewglass.com

About View

A leader in building innovation, View Inc. is the first company to
successfully advance the large-scale commercialization of dynamic glass.
Situated at the intersection of human wellness, smart connectivity, and
energy efficiency, View manufactures View Dynamic Glass, a new
generation of architectural glass that intelligently transitions through
multiple tint states to control the sun’s energy, providing an enhanced
occupant experience, optimum natural light and superior thermal comfort.
View has completed over 350 commercial installations, with another 150
in progress. For more information: www.viewglass.com.

About BlackRock Global Credit

Backed by BlackRock’s global scale and world-class risk management
capabilities, BlackRock Global Credit invests across to the full
spectrum of credit strategies, including investment grade debt,
leveraged finance, and opportunistic and private credit. The team
manages more than $150 billion across mutual funds, hedge funds,
separate accounts and custom mandates for clients around the world.

About BlackRock

BlackRock is a global leader in investment management, risk management
and advisory services for institutional and retail clients. At March 31,
2017, BlackRock’s AUM was $5.4 trillion. BlackRock helps clients around
the world meet their goals and overcome challenges with a range of
products that include separate accounts, mutual funds, iShares®(exchange-traded
funds), and other pooled investment vehicles. BlackRock also offers risk
management, advisory and enterprise investment system services to a
broad base of institutional investors through BlackRock
Solutions®. As of March 31, 2017, the firm had approximately 13,000
employees in more than 30 countries and a major presence in global
markets, including North and South America, Europe, Asia, Australia and
the Middle East and Africa. For additional information, please visit the
Company’s website at www.blackrock.com |
Twitter: @blackrock_news |
Blog: www.blackrockblog.com |
LinkedIn: www.linkedin.com/company/blackrock

Contacts

for View
Vanessa Roscoe
d: 650.762.2948
m: 570.241.3221
[email protected]