Rustic Canyon Funds Newspapers

"A Texas-based Latino newspaper group has received an $18-million investment from a pair of venture and equity firms including Rustic Canyon Partners of Los Angeles.

The funding, announced Sunday, is to be used by Meximerica Media, publisher of the Rumbo chain of Spanish-language newspapers, to complete development of papers serving the Austin, Houston, San Antonio and Rio Grande Valley regions of Texas and to launch additional Rumbo papers in that state. "

[LA Times]