The crossroads — a place where two roads cross at or about at right angles, otherwise known as “the forks of the road” — is a metaphor used in religious and folkloric belief all around the world. From the legend of the delta blues guitarist Tommy Johnson (no, not Robert Johnson, as some believe), who sold his soul to the devil at the crossroads, in exchange for other-worldly guitar playing skills, to the ancient Mayans to Robert Frost’s “The Road Not Taken”, the concept of the crossroads has been used to depict a “deciding moment” or “turning point” in life.

I think we’ve arrived at the crossroads in Atlanta, as it pertains to the early-stage venture scene. This is probably going to be a long post, so be forewarned.

Read more »

Well, now that it has hit the wire, I guess we can all talk a little bit about it …

Atlanta – Appcelerator, an Atlanta-based, open source software company has raised $4.1 million in its first round of venture capital, according to a report by PEHub, which cited a regulatory filing. The company develops products and services for rapid rich Internet application development on a service-oriented architecture (SOA). Appcelerator officially launched its open-source developer community and first product offering in October 2007, after developing its product over the course of several large-scale deployments across the country. Storm Ventures led the company’s first round of venture capital, according to the report.

Congrats, Jeff, Nolan and the gang at Appcelerator!

Cheers.