diff --git a/CHANGELOG.md b/CHANGELOG.md
index ac2156c..c45b099 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,5 +1,12 @@
 # Changelog
 
+## v0.3.1
+
+* Updates
+  * `speed_test` - Added new helper for running a quick network speed test by
+    downloading a large file from a CDN. It automatically stops after a timeout
+    or max number of bytes so that it can be used on metered connections.
+
 ## v0.3.0
 
 This is a major update in how the Toolshed source code gets compiled. If you are
diff --git a/mix.exs b/mix.exs
index 92d9d7d..c4b8902 100644
--- a/mix.exs
+++ b/mix.exs
@@ -1,7 +1,7 @@
 defmodule Toolshed.MixProject do
   use Mix.Project
 
-  @version "0.3.0"
+  @version "0.3.1"
   @source_url "https://github.com/elixir-toolshed/toolshed"
 
   def project do