Our Team
Mel Baiada, Principal
From the start-up of Bluestone in 1989, through its IPO in 1999, and the eventual sale to Hewlett Packard in 2001, Mel has demonstrated an ability to recognize business opportunities, attract capital and talented employees, and profitability exit an information technology company investment.
After his exit from Bluestone Software, Mel founded BaseCamp Ventures in 2000. Operating successful product and service-based information technology companies has given him a broad and seasoned perspective of the information technology industry.
Mel has made a number of contributions to the Greater Delaware Valley area to promote technological growth in the community. As an alumnus of Drexel University, Mel has made a generous donation to Drexel University for the establishment of The Laurence A. Baiada Center for Entrepreneurship in Technology.
He is the recipient of the Greater Philadelphia Venture Group.
"Year 2000 Entrepreneur of the Year" Award. In addition, Mel was recognized in 2001 by the New Jersey Technology Council with its "High Tech Hero Award."
Mel's road to success began when he founded Bluestone, Inc. in 1989 to provide information technology expertise to Fortune 1000 companies. Bluestone rapidly grew to a multi-million dollar company, earning Bluestone inclusion in the Inc. 500 list of the fastest growing privately held companies in the U.S. for three straight years, from 1994 to 1996. One year later, Bluestone split into two separate entities, Bluestone Software, Inc. and Bluestone Consulting, Inc. Bluestone Software accomplished a successful IPO in 1999 and has achieved industry recognition in the Web application server marketplace with its flagship product, Sapphire/Web. In 2001, Hewlett Packard acquired Bluestone Software.
In 2000, the IT and internet services division of Bluestone Consulting, Inc. began "Doing Business As," Sengen, that specialized in streamlining business processes through the use of technology. Sengen was sold in December of 2003.
Mel Chairs the New Jersey Technology Council and serves on the boards of Drexel University, Moorestown Friends School, Innovation Philadelphia and on several boards of Basecamp Ventures portfolio companies and provides advisory services
to several start-up firms.
Mel lives with his wife and two children in Moorestown, New Jersey.
