diff --git a/puppetboard/version.py b/puppetboard/version.py
index 3b16a6ead..da05f4077 100644
--- a/puppetboard/version.py
+++ b/puppetboard/version.py
@@ -2,4 +2,4 @@
 # Puppetboard version module
 #
 
-__version__ = '3.4.2'
+__version__ = '3.5.0rc1'