diff --git a/VERSION b/VERSION
index cd74ac3b53b..65b4811dfe3 100644
--- a/VERSION
+++ b/VERSION
@@ -1 +1 @@
-v1.11.0
+v1.11.1
diff --git a/build/charts/antrea/README.md b/build/charts/antrea/README.md
index e31ed3547d5..f30ffc70de3 100644
--- a/build/charts/antrea/README.md
+++ b/build/charts/antrea/README.md
@@ -1,6 +1,6 @@
 # antrea
 
-![Version: 1.11.0](https://img.shields.io/badge/Version-1.11.0-informational?style=flat-square) ![Type: application](https://img.shields.io/badge/Type-application-informational?style=flat-square) ![AppVersion: latest](https://img.shields.io/badge/AppVersion-latest-informational?style=flat-square)
+![Version: 1.11.1](https://img.shields.io/badge/Version-1.11.1-informational?style=flat-square) ![Type: application](https://img.shields.io/badge/Type-application-informational?style=flat-square) ![AppVersion: latest](https://img.shields.io/badge/AppVersion-latest-informational?style=flat-square)
 
 Kubernetes networking based on Open vSwitch
 
diff --git a/build/charts/flow-aggregator/README.md b/build/charts/flow-aggregator/README.md
index c9376190e91..0f629f33045 100644
--- a/build/charts/flow-aggregator/README.md
+++ b/build/charts/flow-aggregator/README.md
@@ -1,6 +1,6 @@
 # flow-aggregator
 
-![Version: 1.11.0](https://img.shields.io/badge/Version-1.11.0-informational?style=flat-square) ![Type: application](https://img.shields.io/badge/Type-application-informational?style=flat-square) ![AppVersion: latest](https://img.shields.io/badge/AppVersion-latest-informational?style=flat-square)
+![Version: 1.11.1](https://img.shields.io/badge/Version-1.11.1-informational?style=flat-square) ![Type: application](https://img.shields.io/badge/Type-application-informational?style=flat-square) ![AppVersion: latest](https://img.shields.io/badge/AppVersion-latest-informational?style=flat-square)
 
 Antrea Flow Aggregator