| Hi, Agen. Yesterday, Cisco Systems said it is dropping $28 billion to buy data and security giant Splunk, marking by far the largest enterprise software deal of the year. Despite the massive price tag, the deal probably doesn’t come as a huge surprise to those who’ve been following the trends closely — we’ve already seen a lot of money going to the intersection of AI and cybersecurity. Plus, we look at what’s going on in Colorado’s startup scene, which isn’t scaling the heights it once was. Cisco’s $28 billion offer to buy Splunk is the largest enterprise software deal this year, beating Silver Lake’s $12.5 billion deal to take Qualtrics private in March. It also tops off what has been weeks of investor interest in the role AI will play in cybersecurity and vice versa. We look at other large deals at the intersection of AI and cybersecurity and what that tells us about the market. Related Crunchbase Pro list: Funding To VC-Backed AI Cybersecurity Startups Not that long ago, Colorado was drawing thousands of techies from the big startup hubs, especially those happy to trade coastal life for snowy peaks and slightly more affordable housing. Venture funding followed. But an analysis of Crunchbase data shows that Colorado’s venture funding levels have fallen 60% since last year amid general population stagnation in the Centennial State. Related Crunchbase Pro list: Colorado Startup Funding Even though edtech funding has plunged, startups in the sector that include an AI element have raised hundreds of millions of venture dollars in the past couple of years. Using Crunchbase data, we look at the funded companies that add artificial intelligence to their platforms in an effort to help educators stay ahead of the curve. Related Crunchbase Pro list: Edtech- And AI-Related Funded Companies This year is on pace to be one of the slowest ever for VC-backed startups buying other similarly backed startups, Crunchbase data shows. So far in 2023, startups have consummated just over 200 such transactions, putting this year on pace for the lowest number of deals since 2017 and just below 2018 and 2020 numbers. We look at what’s driving the slowdown — and what startups would need to see to start opening their pocketbooks again. Related Crunchbase Pro list: Startups Buying Startups | 
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