Ellie Mae Named to Software 500 by Software Magazine
Ellie Mae among the nation’s largest software and services providers
PLEASANTON, Calif. – November 13, 2014 – Ellie Mae® (NYSE: ELLI), a leading provider of innovative on-demand software solutions and services for the residential mortgage industry, today announced that it has been named to Software Magazine’s 2014 Software 500, a ranking of the top global software and service providers, now in its 32nd year. It is the fourth straight year Ellie Mae has made the list.
Ellie Mae ranked 253rd on the Software 500 list, moving up 19 spots in the magazine’s rankings.
The Software 500 is a revenue-based ranking of the world’s largest software and service suppliers, targeting medium to large enterprises, their IT professionals, software developers, and business managers involved in software and services purchasing. This ranking is based on total worldwide software and services for 2014, including revenue from software licenses, maintenance and support, training and software-related services and consulting.
The past year has been one of extraordinary growth for Ellie Mae. Among other achievements in 2014, the company launched Encompass Consumer Direct,™ a self-service and lead-generation solution for lenders; it launched a comprehensive RESPA-TILA Readiness Initiative to prepare lenders for upcoming regulatory changes; acquired AllRegs and MortgageCEO; and increased its workforce by just over 54 percent.
“We’re honored to be named once again to this prestigious list,” said Jonathan Corr, president and COO of Ellie Mae. “With hundreds of new employees, an expanding portfolio of product offerings and a user base that has surpassed the 100,000 mark, we continue to focus on meeting our clients’ needs and provide innovative solutions that are changing the mortgage industry.”
For more information on the 2014 Software 500, see the October 2014 issue of Software Magazine or visit www.softwaremag.com.
About Ellie Mae
Ellie Mae (NYSE:ELLI) is a leading provider of innovative on-demand software solutions and services for the residential mortgage industry. Ellie Mae’s all-in-one Encompass® mortgage management solution provides one system of record that allows banks, credit unions and mortgage lenders to originate and fund mortgages and improve compliance, loan quality and efficiency. Visit EllieMae.com or call 877.355.4362 to learn more.