diff --git a/VERSION b/VERSION
index 3e9257aa26..b90ffa1812 100644
--- a/VERSION
+++ b/VERSION
@@ -1 +1 @@
-17.07.0-dev
+17.07.0-ce-rc1
diff --git a/components/cli/VERSION b/components/cli/VERSION
index 3e9257aa26..b90ffa1812 100644
--- a/components/cli/VERSION
+++ b/components/cli/VERSION
@@ -1 +1 @@
-17.07.0-dev
+17.07.0-ce-rc1
diff --git a/components/engine/VERSION b/components/engine/VERSION
index 3e9257aa26..b90ffa1812 100644
--- a/components/engine/VERSION
+++ b/components/engine/VERSION
@@ -1 +1 @@
-17.07.0-dev
+17.07.0-ce-rc1