Capitol Alert

Gavin Newsom raising money for 2018

Lt. Gov. Gavin Newsom talks to his daughter Montana, 5, about his inscription in the bible used for his swearing in ceremony on Monday January 5, 2015 in Sacramento, Calif.
Lt. Gov. Gavin Newsom talks to his daughter Montana, 5, about his inscription in the bible used for his swearing in ceremony on Monday January 5, 2015 in Sacramento, Calif. pkitagaki@sacbee.com

Lt. Gov. Gavin Newsom reported Friday that he has raised about $727,000 in the two weeks since announcing his candidacy for governor in 2018, touching off an unusually early fundraising effort in a wide open race.

Newsom, the former mayor of San Francisco, drew large contributions from the Bay Area and technology sector. Salesforce.com founder Marc Benioff contributed $56,400, the maximum allowed. Yahoo’s Marissa Mayer gave Newsom $54,400.

Newsom still holds about $3 million in his re-election account from last year. He is the first entrant in the race to replace Jerry Brown, a contest that is expected to draw heavy interest from Democrats.

Former Los Angeles Mayor Antonio Villaraigosa and billionaire environmentalist Tom Steyer, among others, are considered potential candidates.

Call David Siders, Bee Capitol Bureau, (916) 321-1215. Follow him on Twitter @davidsiders.

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