diff --git a/.bumpversion.cfg b/.bumpversion.cfg
index f74293fa..79bcc0c9 100644
--- a/.bumpversion.cfg
+++ b/.bumpversion.cfg
@@ -1,5 +1,5 @@
 [bumpversion]
-current_version = 4.6.0
+current_version = 4.7.0
 message = release: Bump version {current_version} to {new_version}
 
 [bumpversion:file:rhodecode/VERSION]
diff --git a/rhodecode/VERSION b/rhodecode/VERSION
index 28446a5e..1163055e 100644
--- a/rhodecode/VERSION
+++ b/rhodecode/VERSION
@@ -1 +1 @@
-4.6.0
\ No newline at end of file
+4.7.0
\ No newline at end of file