Trulia could raise $100M in IPO

Real estate listings website could be set to raise as much as $100 million through its initial public offering, the New York Times reported. When the company filed to go public early this summer, it had said it would likely raise $75 million through the sale of six million shares.

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The company said the initial figure was provisional and used only to calculate the I.P.O. registration fee. The new figure is based on a share price of $14 to $16.

Venture capital firms Sequoia Capital and Accel Partners are just some of the investors with interests in Trulia. The site is slated to list its shares on the New York Stock Exchange with the ticker TRLA, according to the Times. [New York Times] – Katherine Clarke