diff --git a/CMakeLists.txt b/CMakeLists.txt
index 5245753d..1ceee5b1 100755
--- a/CMakeLists.txt
+++ b/CMakeLists.txt
@@ -7,7 +7,7 @@ option(GMGPOLAR_USE_LIKWID "Use LIKWID to measure code (regions)." OFF)
 option(GMGPOLAR_USE_MUMPS "Use MUMPS to solve linear systems." OFF)
 option(GMGPOLAR_ENABLE_COVERAGE "Enable code coverage reporting (requires GCC/Clang)" OFF)
 
-project(GMGPolar VERSION 2.3.1 LANGUAGES CXX)
+project(GMGPolar VERSION 2.4.0 LANGUAGES CXX)
 # MUMPS does not automatically provide Fortran libraries
 if (${GMGPOLAR_USE_MUMPS})
     enable_language(Fortran)