diff --git a/VERSION b/VERSION
index 94fe62c274..9075be4951 100644
--- a/VERSION
+++ b/VERSION
@@ -1 +1 @@
-1.5.4
+1.5.5
diff --git a/lib/rvm.rb b/lib/rvm.rb
index 4d6d3b7cf7..4679ef03e3 100644
--- a/lib/rvm.rb
+++ b/lib/rvm.rb
@@ -54,7 +54,7 @@
 # RVM::Environment.new, versus RVM.environment
 #
 module RVM
-  VERSION = "1.5.4"
+  VERSION = "1.5.5"
 
   require "rvm/errors"