Ellie Mae, which provides an integrated software system that automates the mortgage origination process, filed on Friday with the SEC to raise up to $86 million in an initial public offering. The Pleasanton, CA-based company, which was founded in 1997 and booked $38 million in sales last year, plans to list on the NYSE under the symbol ELLI. Goldman, Sachs & Co. is the lead underwriter on the deal. Pricing terms and timing were not disclosed.
