Mike Rounds raises $600,000 in second quarter

U.S. Senate candidate Mike Rounds raised somewhat more than $600,000 in the second fundraising quarter, his campaign manager said Monday, citing a preliminary count.

The fundraising total would put Rounds over $1 million raised since entering the race at the end of November, 2012. It also exceeds the $500,000 public goal Rounds declared several weeks ago, when he also said he intended to raise an enormous $9 million for the entire campaign.

Rounds’ exact fundraising figures won’t be known for several weeks. The second fundraising quarter ended on June 30, but campaigns don’t have to file reports with the Federal Election Commission until July 15. Some donations may still be coming in.

Here’s a graph of Rounds’ fundraising so far, using a $600,000 estimate for the current quarter:

Rounds can out of the gate strongly with almost $270,000 in his first month in the race. But Rounds’ first quarter fundraising of just $180,000 was widely seen as a disappointment for a high-profile Senate candidate. The former South Dakota governor promised to double down on his fundraising efforts from April through June, and late in the quarter told the Argus Leader he was spending 80 percent of his campaign time on fundraising.

GOP notables including Texas Gov. Rick Perry hosted fundraisers for Rounds, who was constantly on the road for much of the past few months.

It remains to be seen whether Rounds can reach his $9 million goal, which would require an even faster fundraising pace than the $600,000 he pulled in this quarter. It’s not impossible, however, as candidate fundraising often picks up as an election draws closer, and especially after a candidate has the party nomination.

Here’s a chart showing Rounds’ fundraising so far in context of his $9 million goal, and showing two paths he could take to reach that threshold:

So far Mike Rounds is the only declared Republican Senate candidate. His only Democratic rival so far, Rick Weiland, has not yet announced his second-quarter fundraising.