Eshoo said she represents "the innovation capital of our country and the world — Silicon Valley." The major technology interest in her district is Google.
Eshoo said Pelosi has prioritized innovation during her tenure as Speaker and has paved the way for investments in the technology sector.
"It was her leadership that not only produced the Innovation Agenda, but implemented it in its entirety in Congress, producing historic investments in science, technology, engineering and math education, broadband adoption, and research and development funding," Eshoo said.
Pelosi announced her bid to become minority leader on Friday, prompting push-back from some Democrats who want someone new at the helm.
Rep. Mike Ross (D-Ark.), for instance, said he won't support Pelosi "for House Democratic Leader or any other leadership position."