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Corning

company

About

Corning is a manufacturer of building materials including glass, ceramic, related materials and technologies, and more.

Details

Last Funding Type
Post-IPO Equity
Last Funding Money Raised
$250M
Industries
Building Material,Electronics,Hardware,Life Science,Manufacturing,Telecommunications
Founded date
Jan 1, 1851
Number Of Employee
10001 - max
Operating Status
Active
Stock Symbol
nyse:GLW
Legal Name
Corning Incorporated

Corning is a manufacturer of building materials including glass, ceramic, related materials and technologies, and more. It does have capabilities such as synergistic and versatile which allows the company to evolve to meet changing market needs and also helping their customers capture new opportunities in dynamic industries. The company manufactures and develops Gorilla Glass, which is used by many smartphone makers.

Corning creates and makes keystone components that enable high-technology systems for consumer electronics, mobile emissions control, telecommunications, and life sciences. it also provides industry products including precision glass for advanced displays, connectivity solutions for state-of-the-art communications networks, clean-air technologies for cars and trucks, damage-resistant cover glass for mobile devices, and trusted products to accelerate drug discovery and delivery.

Corning was founded in 1851 and is headquartered in Corning, New York, United States.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
4
$654M
Corning has raised a total of $654M in funding over 2 rounds. Their latest funding was raised on Jun 10, 2020 from a Grant round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Jun 10, 2020 Grant $204M 1 Biomedical Advanced Research and Development Authority (BARDA) Detail
Sep 17, 2019 Post-IPO Equity $250M 1 Apple Detail
May 12, 2017 Post-IPO Equity $200M 1 Apple Detail
Jan 13, 1978 IPO Detail

Investments

Number of Investments
Number of Lead Investments
19
4
Corning has made 19 investments. Their most recent investment was on Sep 19, 2022, when BRELYON raised $15M.
Date Company Name
Round Money Raised Industry Lead Investor
Sep 19, 2022 BRELYON
Series A $15M Consumer Electronics
Apr 7, 2022 DigiLens
Series D $50M Augmented Reality
Series B $4M Electronics
Sep 22, 2020 SigmaSense
Series A $22M Image Recognition
Jul 11, 2019 Luminar
Series Unknown $100M Automotive

Investors

Number of Lead Investors
Number of Investors
3
2
Corning is funded by 2 investors. Biomedical Advanced Research and Development Authority (BARDA) and Apple are the most recent investors.
Investor Name Lead Investor Funding Round
Biomedical Advanced Research and Development Authority (BARDA) Yes Grant
Apple Yes Post-IPO Equity

Employee Profiles

Number of Employee Profiles
43
Corning has 43 current employee profiles, including Board member Robert Cummings
Board member
Board member
Executive
Employee

Exits

Corning has had 7 exits. Corning most notable exits include View ,   Luminar

Date Company Name Exit Type Industry
Mar 9, 2021 View IPO Internet of Things Detail
Dec 3, 2020 Luminar IPO Automotive Detail
Apr 11, 2013 CyOptics M&A Internet Detail
Nov 11, 2009 Gemfire M&A Manufacturing Detail
Feb 27, 2007 Picolight M&A Manufacturing Detail

Acquisition

Corning has acquired 11 organizations. Their most recent acquisition was NZ Applied Technologies Corporation on Apr 24, 2000. They acquired NZ Applied Technologies Corporation for $150M.

Date Company Name
Industry Acquisition Type Price
Electronics acquisition $ 150M Detail
Semiconductor acquisition Detail
Sep 17, 2009 Axygen
Biotechnology Detail
Enterprise acquisition $ 200M Detail
Apr 10, 2012 Discovery Labware
Health Care acquisition $ 730M Detail