diff --git a/CHANGELOG.md b/CHANGELOG.md
index df406b677..170dfb638 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,5 +1,12 @@
 # Changelog
 
+## [1.33.7](https://github.com/GoogleCloudPlatform/cloud-sql-proxy/compare/v1.33.6...v1.33.7) (2023-05-16)
+
+
+### Bug Fixes
+
+* update dependencies to latest versions ([#1798](https://github.com/GoogleCloudPlatform/cloud-sql-proxy/issues/1798)) ([e652120](https://github.com/GoogleCloudPlatform/cloud-sql-proxy/commit/e652120b0f46dfb2246cccdb482ff3639b25f9a9))
+
 ## [1.33.6](https://github.com/GoogleCloudPlatform/cloud-sql-proxy/compare/v1.33.5...v1.33.6) (2023-04-18)
 
 
diff --git a/cmd/cloud_sql_proxy/version.txt b/cmd/cloud_sql_proxy/version.txt
index 384211a75..1304b01de 100644
--- a/cmd/cloud_sql_proxy/version.txt
+++ b/cmd/cloud_sql_proxy/version.txt
@@ -1 +1 @@
-1.33.7-dev
+1.33.7