Ellie Mae, Inc. is a provider of on-demand automation solutions for the mortgage industry. The Company offers an end-to-end solution, delivered using a software-as-a-service model that serves as the core operating system for mortgage originators and spans customer relationship management, loan origination and business management. It also hosts the Ellie Mae Network that allows Encompass users to electronically conduct business transactions with the lenders and settlement service providers they work with to process and fund loans. The Ellie Mae Network electronically connects the approximately 74,000 mortgage professionals using its Encompass software to the mortgage lenders, investors and service providers integral to the origination and funding of residential mortgages.