Online real estate marketplace Trulia raised $102 million in a recent public offering, beating forecasts that it would raise somewhere near $75 million.
Trulia offered 6 million shares at $17 a share, which is well above the forecasted range of $14 to $16 a share, IPO analytics firm Renaissance Capital said.
The company will list on the New York Stock Exchange under the symbol ‘TRLA.’
The San Francisco-based firm hired J.P. Morgan (JPM), Deutsche Bank (DB), RBC Capital Markets, Needham & Co. and William Blair as underwriters for the deal.
Trulia’s main competitor Zillow (Z) raised $69.2 million in a public offering back in 2011.
