Larry Ellison’s Cancer Software Startup Project Ronin Is Closing

Project Ronin, a cancer-focused software startup co-founded by Oracle Corp. Chairman Larry Ellison, is shutting down.

The startup “will have a permanent mass layoff in connection with the closing of the company,” executives said to in a memo to employees to Friday. Ronin had about 150 employees, according to people familiar with the matter.

Larry Ellison

Photographer: David Paul Morris/Bloomberg

Ronin was founded by Ellison, Dave Hodgson, and David Agus, the oncologist who cared for Apple Inc. co-founder Steve Jobs. Ellison funded the project, the people said, with its first seed round coming in 2018, according to Crunchbase.

The startup’s products ...