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R_www.psfk.com 2015 01173.txt.txt

#Expanding Smart Windows on a Global Level Raising $150 million USD in a recent late-stage series F investment, skyrocketing the company valuation to well over its July assessment of $836 million USD, electrochromic window company View has major plans for the future. Operating on small bouts of voltage that travel through a metal oxide coating within the dual pane windows, ions effectively dance within the glass and hit the electrochromic material to achieve tint-controlled windows. The process is claimed to reduce energy bills by up to 20 percent a year by enabling buildings to regulate temperature within rather than resorting to air conditioning and the subsequent costs associated with it. With only 100 installations to date (and preparations being made for 100 more View had been around for five years before installing its first window. Humbly raising funds while simultaneously conducting research and development, the windows are constantly being perfected to meet modern day technological needs. Now equipped with a personal IP ADDRESS, very view window is controllable through the internet. The windows can now talk to the lighting and HVAC system, and on a more global level it could connect to the future smart city and smart grid, says CEO Rao Mulpuri. Window building is populated a relatively industry as anyone strolling through New york city can imagine. ee raising capital because we need to grow, says Mulpuri. o get 10%market adoption worldwide, wel need to build another 500 plants like the one wee already built. By these means, the latest influx of $150 million is said to be going toward the expansion of View manufacturing capabilities beyond that of their $100 million USD manufacturing plant in Mississippi that boasts more than 200 workers. Keep your eyes peeled for future news regarding the company direction, perhaps their windows might make their way to your home or office soon r

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