diff --git a/configure.ac b/configure.ac
index 3c9bb9cb5..8ab2f932a 100644
--- a/configure.ac
+++ b/configure.ac
@@ -6,7 +6,7 @@
 #
 #
 
-AC_INIT([cyassl],[3.1.2],[https://github.com/cyassl/cyassl/issues],[cyassl],[http://www.wolfssl.com])
+AC_INIT([cyassl],[3.2.0],[https://github.com/cyassl/cyassl/issues],[cyassl],[http://www.wolfssl.com])
 
 AC_CONFIG_AUX_DIR([build-aux])
 
@@ -31,7 +31,7 @@ AC_CONFIG_MACRO_DIR([m4])
 AC_CONFIG_HEADERS([config.h:config.in])dnl Keep filename to 8.3 for MS-DOS.
 
 #shared library versioning
-CYASSL_LIBRARY_VERSION=5:6:0
+CYASSL_LIBRARY_VERSION=6:0:1
 #                      | | |
 #               +------+ | +---+
 #               |        |     |
diff --git a/cyassl/version.h b/cyassl/version.h
index 5e5f03fd3..57791007f 100644
--- a/cyassl/version.h
+++ b/cyassl/version.h
@@ -26,8 +26,8 @@
 extern "C" {
 #endif
 
-#define LIBCYASSL_VERSION_STRING "3.1.2"
-#define LIBCYASSL_VERSION_HEX 0x03001002
+#define LIBCYASSL_VERSION_STRING "3.2.0"
+#define LIBCYASSL_VERSION_HEX 0x03002000
 
 #ifdef __cplusplus
 }