Ellie Mae Welcomes Its 1,000th Employee

PLEASANTON, Calif.--(BUSINESS WIRE)--

Ellie Mae^® ELLI, a leading provider of innovative on-demand software solutions and services for the residential mortgage industry, today announced that it passed the 1,000 employee milestone in August of 2016. The company has grown 36 percent from this time in 2015 and 500 percent since its initial public offering in 2011.

"Ellie Mae is excited to welcome its 1,000^th teammate," said Jonathan Corr, Ellie Mae President and CEO. "I look forward to working alongside this great team to continue on our mission to automate everything automatable in the residential mortgage industry. Together we are poised to propel Ellie Mae in achieving even greater accomplishments in the years ahead for our customers and shareholders."

Ellie Mae's Encompass all-in-one mortgage management solution enables banks, credit unions and mortgage lenders to create and fund mortgages and improve compliance, loan quality and efficiency. Encompass is licensed by almost 200,000 users and thousands of banks and mortgage lenders, including seven of the top 25 largest U.S. mortgage lenders.

Earlier this year, Ellie Mae was recognized as a 2016 Bay Area Best Place to Work by the San Francisco Times and Silicon Valley Business Journal. The Company recently announced its title sponsorship of the Ellie Mae Classic, a PGA stop at TPC Stonebrae with the Warriors Community Foundation as the main charitable beneficiary, and was also ranked as a fastest growing company in North America on Deloitte's 2015 Technology Fast 500.

In July, Ellie Mae signed an agreement to expand its presence in the Tri Valley by taking on additional office space at its headquarters in Pleasanton, California. The expansion will add more than 143,000 square feet over four floors of the Rosewood Commons complex and will double Ellie Mae's current 137,000 square feet.

"We are investing in our future," said Lisa Bruun, Senior Vice President of Administration at Ellie Mae. "We have continued to grow significantly since we first moved to our new headquarters in 2015. Now we're securing the space needed to build our workforce as we continue to build on the success that our team has already accomplished."

For more information about careers at Ellie Mae, visit http://www.elliemae.com/about/careers.

About Ellie Mae

Ellie Mae ELLI is a leading provider of innovative on-demand software solutions and services for the residential mortgage industry. Mortgage lenders of all sizes use Ellie Mae's Encompass^® all-in-one mortgage management solution, Mavent Compliance Service, and AllRegs research, reference and education resources to improve compliance, loan quality and efficiency across the entire mortgage lifecycle. Visit EllieMae.com or call (877) 355-4362 to learn more.

© 2016 Ellie Mae, Inc. Ellie Mae®, Encompass®, AllRegs®, DataTrac®, Ellie Mae Network™, Mavent®, Mortgage Returns®, Prospect Manager®, Total Quality Loan®, True CRM®, TQL® and the Ellie Mae logo are trademarks of Ellie Mae, Inc. or its subsidiaries. All rights reserved. Other company and product names may be trademarks or copyrights of their respective owners.

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