diff --git a/documentation/release_notes.rst b/documentation/release_notes.rst
index cd6542ba..f7c8051d 100644
--- a/documentation/release_notes.rst
+++ b/documentation/release_notes.rst
@@ -34,6 +34,24 @@
 Release 3.5
 ~~~~~~~~~~~
 
+Release 3.5.1 - July 2023
+=========================
+
+Release 3.5.1 is a minor release including bug fixes and configuration improvements.
+
+**Changes**
+    - Updated CMake to set fallback CMAKE_CXX_STANDARD to C++14 (GitHub #1276)
+    - Updated CMake with OpenGL import targets to avoid link errors (GitHub #1277)
+    - Updated CMake to set gpu architecture fallback only for older CUDA versions (GitHub #965 #1299)
+    - Updated CMake to use append for CMAKE_MODULE_PATH (GitHub #1296)
+    - Fixed interface includes for CMake config (GitHub #1278)
+    - Fixed warnings with newer and stricter use of Clang (GitHub #1275 #1289 #1290)
+    - Fixed potential float constant cast errors for OpenCL (GitHub #1285)
+    - Fixed generation of Apple Frameworks with no OSD_GPU targets enabled (GitHub #1224 #1236)
+**Bug Fixes**
+    - Fixed Bfr::Surface construction bug for rare topological case (GitHub #1301)
+    - Fixed CUDA example dependencies with GLX on Linux (GitHub #1294)
+
 Release 3.5.0 - Sep 2022
 ========================
 
diff --git a/opensubdiv/version.h b/opensubdiv/version.h
index f5a16d14..7b32788e 100644
--- a/opensubdiv/version.h
+++ b/opensubdiv/version.h
@@ -25,13 +25,13 @@
 #ifndef OPENSUBDIV3_VERSION_H
 #define OPENSUBDIV3_VERSION_H
 
-#define OPENSUBDIV_VERSION v3_5_0
+#define OPENSUBDIV_VERSION v3_5_1
 
-#define OPENSUBDIV_VERSION_NUMBER 30500
+#define OPENSUBDIV_VERSION_NUMBER 30501
 
 #define OPENSUBDIV_VERSION_MAJOR 3
 #define OPENSUBDIV_VERSION_MINOR 5
-#define OPENSUBDIV_VERSION_PATCH 0
+#define OPENSUBDIV_VERSION_PATCH 1
 
 namespace OpenSubdiv {
 namespace OPENSUBDIV_VERSION {