President Obama raised $45 million for his reelection bid in February, his campaign announced on Monday.
The fundraising haul brings his total for this election cycle to close to $300 million.
The president stepped up his fundraising efforts in February, holding a host of events, and his numbers for the month far surpass the $29 million total the campaign raised in January.
The numbers, however, are somewhat lower than Obama's haul during his first presidential campaign, when he raised $56.78 million in February.
Obama’s totals overtake those of his likely GOP challengers. In contrast, Mitt Romney raised $11.5 million in February and Rick Santorum raised $9 million.
In a tweet Monday morning, Obama thanked supporters for their contributions.
In February, 348,000 people donated to raise over $45 million for this campaign. Thank you.— Barack ObamaBarack ObamaMemo to Trump: No cable news or Twitter until debate homework is done Obamas welcome Olympians to White House Overnight Finance: Lawmakers float criminal charges for Wells Fargo chief | Scrutiny on Trump's Cuba dealings | Ryan warns of recession if no tax reform MORE (@BarackObama) March 19, 2012
This story was updated at 7:55 a.m.