diff --git a/VERSION b/VERSION
index 42045acae20fc8d80f15174966be202f7d898d19..536d528d3f2aed6303d6144c051d7dcc6381c5b4 100644
--- a/VERSION
+++ b/VERSION
@@ -1 +1 @@
-0.3.4
+0.3.5-rc1