diff --git a/CHANGELOG.rst b/CHANGELOG.rst
index 7caadf836..fea87b409 100644
--- a/CHANGELOG.rst
+++ b/CHANGELOG.rst
@@ -4,6 +4,18 @@ Release notes
 Version (next)
 -------------------
 
+Version v34.1.0
+-------------------
+
+- Add support for Calculating Package Vulnerability Risk #1593
+- Migrate pysec importer to aboutcode pipeline #1628
+- Fix 500 error in /api/cpes endpoint #1629
+- Add documentation for new pipeline design #1621
+- Segregate PackageRelatedVulnerability model to new models #1612
+- Add GitHub action to publish aboutcode.hashid PyPI #1615
+- Fix vers range crash #1598
+- Use 4-tier system for storing package metadata #1609
+
 
 Version v34.0.2
 -------------------
diff --git a/setup.cfg b/setup.cfg
index 962d4098f..d5bddd131 100644
--- a/setup.cfg
+++ b/setup.cfg
@@ -1,6 +1,6 @@
 [metadata]
 name = vulnerablecode
-version = 34.0.2
+version = 34.1.0
 license = Apache-2.0 AND CC-BY-SA-4.0
 
 # description must be on ONE line https://github.com/pypa/setuptools/issues/1390
diff --git a/vulnerabilities/migrations/0076_alter_packagechangelog_software_version_and_more.py b/vulnerabilities/migrations/0076_alter_packagechangelog_software_version_and_more.py
new file mode 100644
index 000000000..6ff76eb90
--- /dev/null
+++ b/vulnerabilities/migrations/0076_alter_packagechangelog_software_version_and_more.py
@@ -0,0 +1,31 @@
+# Generated by Django 4.2.16 on 2024-11-08 07:38
+
+from django.db import migrations, models
+
+
+class Migration(migrations.Migration):
+
+    dependencies = [
+        ("vulnerabilities", "0075_package_risk_score"),
+    ]
+
+    operations = [
+        migrations.AlterField(
+            model_name="packagechangelog",
+            name="software_version",
+            field=models.CharField(
+                default="34.1.0",
+                help_text="Version of the software at the time of change",
+                max_length=100,
+            ),
+        ),
+        migrations.AlterField(
+            model_name="vulnerabilitychangelog",
+            name="software_version",
+            field=models.CharField(
+                default="34.1.0",
+                help_text="Version of the software at the time of change",
+                max_length=100,
+            ),
+        ),
+    ]
diff --git a/vulnerablecode/__init__.py b/vulnerablecode/__init__.py
index 414e86357..1e2271f5d 100644
--- a/vulnerablecode/__init__.py
+++ b/vulnerablecode/__init__.py
@@ -12,7 +12,7 @@
 import warnings
 from pathlib import Path
 
-__version__ = "34.0.2"
+__version__ = "34.1.0"
 
 
 def command_line():