diff --git a/dvc/__init__.py b/dvc/__init__.py
index 61d0f33c0..9baa90ec2 100644
--- a/dvc/__init__.py
+++ b/dvc/__init__.py
@@ -5,7 +5,7 @@ Make your data science projects reproducible and shareable.
 """
 import os
 
-VERSION_BASE = '0.11.0'
+VERSION_BASE = '0.12.0'
 __version__ = VERSION_BASE
 
 PACKAGEPATH = os.path.abspath(os.path.dirname(__file__))