diff --git a/libtaxii/version.py b/libtaxii/version.py
index 66f375b..89c67d3 100644
--- a/libtaxii/version.py
+++ b/libtaxii/version.py
@@ -1,4 +1,4 @@
 # Copyright (c) 2017, The MITRE Corporation
 # For license information, see the LICENSE.txt file
 
-__version__ = "1.1.117"
+__version__ = "1.1.118"
diff --git a/setup.cfg b/setup.cfg
index 9be0801..a8c27de 100644
--- a/setup.cfg
+++ b/setup.cfg
@@ -1,5 +1,5 @@
 [bumpversion]
-current_version = 1.1.117
+current_version = 1.1.118
 tag_name = {new_version}
 commit = True
 tag = True