diff --git a/docs/release-notes.md b/docs/release-notes.md
index c0a7ba99e8..ad915eff7b 100644
--- a/docs/release-notes.md
+++ b/docs/release-notes.md
@@ -1,5 +1,9 @@
 <sup><sup>*Release notes were automatically generated by [Shipkit](http://shipkit.org/)*</sup></sup>
 
+#### 0.3.86
+ - 2020-01-15 - [1 commit](https://github.com/linkedin/ambry/compare/v0.3.85...v0.3.86) by [Rob Block](https://github.com/lightningrob) - published to [![Bintray](https://img.shields.io/badge/Bintray-0.3.86-green.svg)](https://bintray.com/linkedin/maven/ambry/0.3.86)
+ - Cloudblobstore retries [(#1350)](https://github.com/linkedin/ambry/pull/1350)
+
 #### 0.3.85
  - 2020-01-14 - [1 commit](https://github.com/linkedin/ambry/compare/v0.3.84...v0.3.85) by [Yingyi Zhang](https://github.com/jsjtzyy) - published to [![Bintray](https://img.shields.io/badge/Bintray-0.3.85-green.svg)](https://bintray.com/linkedin/maven/ambry/0.3.85)
  - Implement replica Inactive-To-Offline transition on server side [(#1346)](https://github.com/linkedin/ambry/pull/1346)
diff --git a/version.properties b/version.properties
index 439c9f85b3..636ce48f83 100644
--- a/version.properties
+++ b/version.properties
@@ -1,4 +1,4 @@
 #Version of the produced binaries. This file is intended to be checked-in.
 #It will be automatically bumped by release automation.
-version=0.3.86
-previousVersion=0.3.85
+version=0.3.87
+previousVersion=0.3.86