diff --git a/configure.ac b/configure.ac
index 82f9f82..6c33dc7 100644
--- a/configure.ac
+++ b/configure.ac
@@ -24,7 +24,7 @@
 # file for complete information.
 
 # Initialize the autoconf system for the specified tool, version and mailing list
-AC_INIT(iperf, 3.1b2, https://github.com/esnet/iperf, iperf, http://software.es.net/iperf/)
+AC_INIT(iperf, 3.1b3, https://github.com/esnet/iperf, iperf, http://software.es.net/iperf/)
 AC_LANG(C)
 
 # Specify where the auxiliary files created by configure should go. The config