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Ellie Mae has announced that it has been named to the Deloitte Technology Fast 500 list, which recognizes the fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America. The Technology Fast 500 is based on percentage of revenue growth between the fiscal years 2009 to 2013. Ellie Mae ranked 345th on the list with a 241 percent revenue growth during the five-year period.
The Deloitte Technology Fast 500 is one of the preeminent technology awards programs in the United States and Canada. This year marks the list’s 19th anniversary. Deloitte describes the Technology Fast 500 as large, small, public and private companies that “are on the cutting edge and are transforming the way we do business.”
Ellie Mae has experienced rapid growth over the past five years. The company recently surpassed 100,000 active Encompass users and reported third quarter 2014 revenue of $42.8 million, an increase of 30 percent from the third quarter 2013 revenue. Ellie Mae also made two key acquisitions this year of AllRegs and MortgageCEO, and has grown its workforce by 53 percent over the past year alone.
“Considering the extraordinary level of innovation taking place today, it is an honor to be recognized among this elite group,” said Jonathan Corr, president and chief operating officer at Ellie Mae. “Being on this list is a reflection of the investments we have made since our inception to give our clients the best technology in the mortgage industry so they can maximize compliance, quality and efficiency.”