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Presidential Candidates Gather Silicon Valley Contributions Presidential Candidates Gather Silicon Valley Contributions

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Congress / POLITICS

Presidential Candidates Gather Silicon Valley Contributions

August 17, 2011

Presidential candidates are already raking in the cash from the Silicon Valley and San Francisco areas, the epicenter of the tech industry in the United States.

President Obama is by far the top recipient of campaign contributions from the region, according to numbers compiled by TechNet. Donors from Silicon Valley and San Francisco gave Obama more than $1.7 million in the first half of 2011, out of $5.4 million raised in all of California.

Republican contender Mitt Romney gathered $576,801 during the same time period. Tim Pawlenty, who abandoned his bid for the GOP nomination over the weekend, raised $202,350.

Rep. Ron Paul, R-Texas, another Republican candidate, received $82,455, while donors gave Rep. Michele Bachmann, R-Minn., $23,950.

The TechNet numbers were compiled before Texas Gov. Rick Perry jumped into the race for the Republican nomination.

Silicon Valley and San Francisco donors also contributed to other GOP candidates, including:

  • Herman Cain, $10,475
  • Newt Gingrich, $7,135
  • Gary Johnson, $4,250
  • Rick Santorum, $1,250
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