diff --git a/CHANGELOG.md b/CHANGELOG.md
index 176b1372..760c7cfc 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,5 +1,12 @@
 # Optimizely Python SDK Changelog
 
+## 3.4.1
+March 19th, 2020
+
+### Bug Fixes:
+* Updated `jsonschema` to address [installation issue](https://github.com/optimizely/python-sdk/issues/232).
+
+
 ## 3.4.0
 January 27th, 2020
 
diff --git a/optimizely/version.py b/optimizely/version.py
index be7ee3cc..809c22ba 100644
--- a/optimizely/version.py
+++ b/optimizely/version.py
@@ -11,5 +11,5 @@
 # See the License for the specific language governing permissions and
 # limitations under the License.
 
-version_info = (3, 4, 0)
+version_info = (3, 4, 1)
 __version__ = '.'.join(str(v) for v in version_info)