diff --git a/pom.xml b/pom.xml
index 8ccd7ea7..011318a0 100644
--- a/pom.xml
+++ b/pom.xml
@@ -4,7 +4,7 @@
 	<modelVersion>4.0.0</modelVersion>
 	<groupId>org.springframework.cloud</groupId>
 	<artifactId>spring-cloud-parent</artifactId>
-	<version>1.0.0.BUILD-SNAPSHOT</version>
+	<version>1.0.1.BUILD-SNAPSHOT</version>
 	<packaging>pom</packaging>
 	<name>Spring Cloud Parent</name>
 	<parent>
diff --git a/spring-cloud-build/pom.xml b/spring-cloud-build/pom.xml
index ab6677f5..cd508113 100644
--- a/spring-cloud-build/pom.xml
+++ b/spring-cloud-build/pom.xml
@@ -10,7 +10,7 @@
 	<parent>
 		<groupId>org.springframework.cloud</groupId>
 		<artifactId>spring-cloud-parent</artifactId>
-		<version>1.0.0.BUILD-SNAPSHOT</version>
+		<version>1.0.1.BUILD-SNAPSHOT</version>
 	</parent>
 	<organization>
 		<name>Pivotal Software, Inc.</name>