Latest Washington DC business news

HelloWallet Raises $12 Million in Series B Funding

WASHINGTON -- HelloWallet, a provider of personalized financial guidance, has secured $12 million in Series B funding. Chicago-based Morningstar, Inc. invested $6.75 million and DC-based TD Fund (TDF) invested $4 million. Existing investors and new investors also participated in the round.

Morningstar is a provider of investment research, reaching more than 20 million workers with its retirement advisory services. HelloWallet offers personalized financial guidance to of...

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CEL-SCI Corporation to Raise $5.76 Million

VIENNA, Va. -- CEL-SCI Corporation (NYSE AMEX: CVM), a late-stage oncology company, has entered into definitive agreements to sell 16,000,000 shares of its common stock at a price per share of $0.36 pursuant to a registered direct offering to an institutional investor, representing gross proceeds of approximately $5.76 million.

The investor will also receive warrants to purchase 12,000,000 shares of CEL-SCI Corporation's common stock. The warrants have an exercise price...

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