diff --git a/CHANGELOG.md b/CHANGELOG.md
index 01af715..d18fb18 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,3 +1,12 @@
+<a name="0.4.0-beta.1"></a>
+# 0.4.0-beta.1 (2016-03-17)
+
+
+* Merge pull request #63 from bustlelabs/upgrade-mobiledoc-kit ([adc80a7](https://github.com/bustlelabs/ember-mobiledoc-editor/commit/adc80a7))
+* upgrade mobiledoc-kit to 0.9.0-beta.1 ([cb6d0b9](https://github.com/bustlelabs/ember-mobiledoc-editor/commit/cb6d0b9))
+
+
+
 <a name="0.3.8"></a>
 ## 0.3.8 (2016-03-17)
 
@@ -8,6 +17,7 @@
 * Merge pull request #58 from ef4/cursor-action ([97861ef](https://github.com/bustlelabs/ember-mobiledoc-editor/commit/97861ef))
 * Merge pull request #60 from t4t5/patch-1 ([f24e5d3](https://github.com/bustlelabs/ember-mobiledoc-editor/commit/f24e5d3))
 * Merge pull request #61 from bustlelabs/test-editor-hooks ([2004748](https://github.com/bustlelabs/ember-mobiledoc-editor/commit/2004748))
+* v0.3.8 ([9236303](https://github.com/bustlelabs/ember-mobiledoc-editor/commit/9236303))
 
 
 
diff --git a/addon/version.js b/addon/version.js
index 21e51f4..9e05096 100644
--- a/addon/version.js
+++ b/addon/version.js
@@ -1,5 +1,5 @@
 import MOBILEDOC_KIT_VERSION from 'mobiledoc-kit/version';
-const EDITOR_VERSION = '0.3.8';
+const EDITOR_VERSION = '0.4.0-beta.1';
 const VERSION = {
   EDITOR_VERSION,
   MOBILEDOC_KIT_VERSION
diff --git a/package.json b/package.json
index 91f920f..e7e1b7c 100644
--- a/package.json
+++ b/package.json
@@ -1,6 +1,6 @@
 {
   "name": "ember-mobiledoc-editor",
-  "version": "0.3.8",
+  "version": "0.4.0-beta.1",
   "description": "A Mobiledoc editor for Ember.js apps",
   "directories": {
     "doc": "doc",