diff --git a/CMakeLists.txt b/CMakeLists.txt
index b1678a5c2..75e1c0464 100644
--- a/CMakeLists.txt
+++ b/CMakeLists.txt
@@ -5,7 +5,7 @@ cmake_minimum_required(VERSION 2.6)
 # Set the version number for the library
 set (GTSAM_VERSION_MAJOR 2)
 set (GTSAM_VERSION_MINOR 3)
-set (GTSAM_VERSION_PATCH 0)
+set (GTSAM_VERSION_PATCH 1)
 
 
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