Friday, August 17, 2012

Trulia Files For $75M IPO

San Francisco-based real estate search site Trulia has filed for an IPO, saying this morning that it is looking to raised up to $75.0M in an IPO on the NYSE. The firm said it is looking to trade as TRLA. The IPO is being underwritten by J.P. Morgan, Deutsche Bank Securities, RBC Capital Markets, Needham & Company, and William Blair. Trulia is venture backed by Accel Capital (23.6 percent of the firm), Fayez Sarofim Investments (19.6), and Sequoia Capital (10.9).