Term Sheet

The latest on private equity, M&A, deals and movements — from Wall Street to Silicon Valley

Expensive View: Dynamic glass-maker valued above $600 million

January 17, 2014: 11:35 AM ET

View's most recent investment came with a high price-tag.

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FORTUNE -- View, a maker of electronically-tinting glass for commercial buildings, earlier this month announced that it had raised $100 million in new venture capital and debt funding from Madrone Capital Partners.

Now Fortune has learned that the round was structured as an extension to the company's $60 million Series E round, which was led last summer by Corning Inc. (GLW). That means the same pre-money valuation, which our source says was $600 million.

The Milpitas, Calif.-based company was founded in 2006 as Soladigm, and prior to the Series E round had raised around $115 million in VC funding from Khosla Ventures, Sigma Partners, DBL Investors, GE Energy Financial Services, NanoDimension, Navitas Capital and The Westly Group.

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Dan Primack
Dan Primack
Senior Editor, Fortune

Dan Primack joined Fortune.com in September 2010 to cover deals and dealmakers, from Wall Street to Sand Hill Road. Previously, Dan was an editor-at-large with Thomson Reuters, where he launched both peHUB.com and the peHUB Wire email service. In a past journalistic life, Dan ran a community paper in Roxbury, Massachusetts. He currently lives just outside of Boston.

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