Trulia Files $75 Million IPO
NEW YORK (TheStreet) -- The online real estate market is about to get a little more crowded, as Trulia has filed to go public in hopes of raising as much as $75 million.
"From 2007 to 2011, our revenue grew from $1.7 million to $38.5 million, which represents a compounded annual growth rate of approximately 119%," the company noted in its filing. For the six months ending June 30, 2012, Trulia recorded $28.99 million in revenue, up from $16.25 million in the year-ago period. The company had a net loss of $6.155 million in 2011, up from $3.84 in 2012.
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--Written by Chris Ciaccia in New York
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