Ellie Mae, which provides a software platform that streamlines the mortgage origination process, raised $45 million by offering 7.5 million shares at $6.00, as expected. The company had originally intended to price between $9 and $11 on Wednesday evening before pushing its IPO back one day and announced that it expected to price at $6. Ellie Mae plans to list on the NYSE AMEX under the symbol ELLI. Barclays Capital was the bookrunner on the deal.
