diff --git a/.azure/pipelines/azure-pipelines-external-release.yml b/.azure/pipelines/azure-pipelines-external-release.yml
index aa6e61c905..a3bf136113 100644
--- a/.azure/pipelines/azure-pipelines-external-release.yml
+++ b/.azure/pipelines/azure-pipelines-external-release.yml
@@ -4,7 +4,7 @@
 #      2) update \libs\host\GarnetServer.cs readonly string version  (~line 32)   -- NOTE - these two values need to be the same 
 #      3) update the version in GarnetServer.csproj (~line 8) 
 ###################################### 
-name: 1.0.39
+name: 1.0.40
 trigger:
   branches:
     include:
diff --git a/libs/host/GarnetServer.cs b/libs/host/GarnetServer.cs
index 4646ca581d..fc519a0ea2 100644
--- a/libs/host/GarnetServer.cs
+++ b/libs/host/GarnetServer.cs
@@ -29,7 +29,7 @@ namespace Garnet
     public class GarnetServer : IDisposable
     {
         // IMPORTANT: Keep the version in sync with .azure\pipelines\azure-pipelines-external-release.yml line ~7 and GarnetServer.csproj line ~8.
-        readonly string version = "1.0.39";
+        readonly string version = "1.0.40";
 
         internal GarnetProvider Provider;
 
diff --git a/main/GarnetServer/GarnetServer.csproj b/main/GarnetServer/GarnetServer.csproj
index a29f77ef49..a9ba98bdf6 100644
--- a/main/GarnetServer/GarnetServer.csproj
+++ b/main/GarnetServer/GarnetServer.csproj
@@ -5,7 +5,7 @@
     <ServerGarbageCollection>true</ServerGarbageCollection>
 
     <!-- IMPORTANT: Keep the version in sync with .azure\pipelines\azure-pipelines-external-release.yml line ~7 and GarnetServer.cs line ~32. -->
-    <Version>1.0.39</Version>
+    <Version>1.0.40</Version>
     <PackageId>garnet-server</PackageId>
     <PackAsTool>true</PackAsTool>
     <ToolCommandName>garnet-server</ToolCommandName>