diff --git a/iotedgedev/__init__.py b/iotedgedev/__init__.py
index a7b8392..128f12f 100644
--- a/iotedgedev/__init__.py
+++ b/iotedgedev/__init__.py
@@ -2,5 +2,5 @@
 
 __author__ = 'Microsoft Corporation'
 __email__ = 'opencode@microsoft.com'
-__version__ = '3.2.0rc0'
+__version__ = '3.2.0rc1'
 __AIkey__ = '95b20d64-f54f-4de3-8ad5-165a75a6c6fe'
\ No newline at end of file
diff --git a/setup.cfg b/setup.cfg
index 5ec8df8..a8ffdee 100644
--- a/setup.cfg
+++ b/setup.cfg
@@ -1,5 +1,5 @@
 [bumpversion]
-current_version = 3.2.0rc0
+current_version = 3.2.0rc1
 commit = True
 tag = True
 
diff --git a/setup.py b/setup.py
index 54f4922..d91a32d 100644
--- a/setup.py
+++ b/setup.py
@@ -37,7 +37,7 @@ test_requirements = [
 
 setup(
     name='iotedgedev',
-    version='3.2.0rc0',
+    version='3.2.0rc1',
     description='The Azure IoT Edge Dev Tool greatly simplifies the IoT Edge development process by automating many routine manual tasks, such as building, deploying, pushing modules and configuring the IoT Edge Runtime.',
     long_description='See https://github.com/azure/iotedgedev for usage instructions.',
     author='Microsoft Corporation',
diff --git a/tests/__init__.py b/tests/__init__.py
index 18d04c5..603bb60 100644
--- a/tests/__init__.py
+++ b/tests/__init__.py
@@ -2,4 +2,4 @@
 
 __author__ = 'Microsoft Corporation'
 __email__ = 'opencode@microsoft.com'
-__version__ = '3.2.0rc0'
+__version__ = '3.2.0rc1'