Correct Answer : 1979
Explanation :
Larry Ellison and his two friends and former co-workers, Bob Miner and Ed Oates, started a consultancy called Software Development Laboratories (SDL) in 1977. SDL developed the original version of the Oracle software. The name Oracle comes from the code-name of a CIA-funded project Ellison had worked on while formerly employed by Ampex.
Initial Release Date : Oracle v2.3 - 1979