diff --git a/VERSION b/VERSION
index f1fc2eb4dd..a934c886c2 100644
--- a/VERSION
+++ b/VERSION
@@ -1,5 +1,5 @@
 VERSION_MAJOR = 3
 VERSION_MINOR = 7
-PATCHLEVEL = 0
+PATCHLEVEL = 1
 VERSION_TWEAK = 0
 EXTRAVERSION =