UK-based women's networking and private club, Allbright, raises $18.8 million as it expands into the U.S.

AllBright, the London-based women's membership club backed by private real estate investment firm Cain International, has raised $18.8 million to expand into the U.S. The company's new round was led by Cain International and was designed to take AllBright into three U.S. locations -- Los Angeles, New York, and Washington. Coupled with the launch of a new networking application called AllBright Connect and the company's AllBright Magazine, the women's networking organization is on a full-on media blitz.