diff --git a/cvat/__init__.py b/cvat/__init__.py
index 978c7485..56c36d9b 100644
--- a/cvat/__init__.py
+++ b/cvat/__init__.py
@@ -4,6 +4,6 @@
 
 from cvat.utils.version import get_version
 
-VERSION = (1, 0, 0, 'beta', 1)
+VERSION = (1, 0, 0, 'beta', 2)
 
 __version__ = get_version(VERSION)