diff --git a/assembly/pom.xml b/assembly/pom.xml
index 5af17c5847e8d..65e3ddfbfa24f 100644
--- a/assembly/pom.xml
+++ b/assembly/pom.xml
@@ -21,7 +21,7 @@
   <parent>
     <groupId>org.apache.spark</groupId>
     <artifactId>spark-parent</artifactId>
-    <version>1.2.0</version>
+    <version>1.2.1-SNAPSHOT</version>
     <relativePath>../pom.xml</relativePath>
   </parent>
 
diff --git a/bagel/pom.xml b/bagel/pom.xml
index 1f43fcc2c39a6..4ead7aab4d373 100644
--- a/bagel/pom.xml
+++ b/bagel/pom.xml
@@ -21,7 +21,7 @@
   <parent>
     <groupId>org.apache.spark</groupId>
     <artifactId>spark-parent</artifactId>
-    <version>1.2.0</version>
+    <version>1.2.1-SNAPSHOT</version>
     <relativePath>../pom.xml</relativePath>
   </parent>
 
diff --git a/core/pom.xml b/core/pom.xml
index 15cb382888d4a..155b4c9272546 100644
--- a/core/pom.xml
+++ b/core/pom.xml
@@ -21,7 +21,7 @@
   <parent>
     <groupId>org.apache.spark</groupId>
     <artifactId>spark-parent</artifactId>
-    <version>1.2.0</version>
+    <version>1.2.1-SNAPSHOT</version>
     <relativePath>../pom.xml</relativePath>
   </parent>
 
diff --git a/examples/pom.xml b/examples/pom.xml
index 88b17b7b2b3be..f5a7ed2719f78 100644
--- a/examples/pom.xml
+++ b/examples/pom.xml
@@ -21,7 +21,7 @@
   <parent>
     <groupId>org.apache.spark</groupId>
     <artifactId>spark-parent</artifactId>
-    <version>1.2.0</version>
+    <version>1.2.1-SNAPSHOT</version>
     <relativePath>../pom.xml</relativePath>
   </parent>
 
diff --git a/external/flume-sink/pom.xml b/external/flume-sink/pom.xml
index ff7babcd90b0d..fe1c8fb499d13 100644
--- a/external/flume-sink/pom.xml
+++ b/external/flume-sink/pom.xml
@@ -21,7 +21,7 @@
   <parent>
     <groupId>org.apache.spark</groupId>
     <artifactId>spark-parent</artifactId>
-    <version>1.2.0</version>
+    <version>1.2.1-SNAPSHOT</version>
     <relativePath>../../pom.xml</relativePath>
   </parent>
 
diff --git a/external/flume/pom.xml b/external/flume/pom.xml
index d25a9b9cfe4fa..da4bd70c59555 100644
--- a/external/flume/pom.xml
+++ b/external/flume/pom.xml
@@ -21,7 +21,7 @@
   <parent>
     <groupId>org.apache.spark</groupId>
     <artifactId>spark-parent</artifactId>
-    <version>1.2.0</version>
+    <version>1.2.1-SNAPSHOT</version>
     <relativePath>../../pom.xml</relativePath>
   </parent>
 
diff --git a/external/kafka/pom.xml b/external/kafka/pom.xml
index 9bc4d48c2aab6..1e2b3ab32fdd8 100644
--- a/external/kafka/pom.xml
+++ b/external/kafka/pom.xml
@@ -21,7 +21,7 @@
   <parent>
     <groupId>org.apache.spark</groupId>
     <artifactId>spark-parent</artifactId>
-    <version>1.2.0</version>
+    <version>1.2.1-SNAPSHOT</version>
     <relativePath>../../pom.xml</relativePath>
   </parent>
 
diff --git a/external/mqtt/pom.xml b/external/mqtt/pom.xml
index 7dd76a3d54f2d..9a5003387d352 100644
--- a/external/mqtt/pom.xml
+++ b/external/mqtt/pom.xml
@@ -21,7 +21,7 @@
   <parent>
     <groupId>org.apache.spark</groupId>
     <artifactId>spark-parent</artifactId>
-    <version>1.2.0</version>
+    <version>1.2.1-SNAPSHOT</version>
     <relativePath>../../pom.xml</relativePath>
   </parent>
 
diff --git a/external/twitter/pom.xml b/external/twitter/pom.xml
index 5a3379eb63d66..b57c1d678328c 100644
--- a/external/twitter/pom.xml
+++ b/external/twitter/pom.xml
@@ -21,7 +21,7 @@
   <parent>
     <groupId>org.apache.spark</groupId>
     <artifactId>spark-parent</artifactId>
-    <version>1.2.0</version>
+    <version>1.2.1-SNAPSHOT</version>
     <relativePath>../../pom.xml</relativePath>
   </parent>
 
diff --git a/external/zeromq/pom.xml b/external/zeromq/pom.xml
index 7fe065cd5ef8a..a5c6af4495b22 100644
--- a/external/zeromq/pom.xml
+++ b/external/zeromq/pom.xml
@@ -21,7 +21,7 @@
   <parent>
     <groupId>org.apache.spark</groupId>
     <artifactId>spark-parent</artifactId>
-    <version>1.2.0</version>
+    <version>1.2.1-SNAPSHOT</version>
     <relativePath>../../pom.xml</relativePath>
   </parent>
 
diff --git a/extras/java8-tests/pom.xml b/extras/java8-tests/pom.xml
index 9466e048a0acd..ecdc3c8b4765c 100644
--- a/extras/java8-tests/pom.xml
+++ b/extras/java8-tests/pom.xml
@@ -20,7 +20,7 @@
   <parent>
     <groupId>org.apache.spark</groupId>
     <artifactId>spark-parent</artifactId>
-    <version>1.2.0</version>
+    <version>1.2.1-SNAPSHOT</version>
     <relativePath>../../pom.xml</relativePath>
   </parent>
 
diff --git a/extras/kinesis-asl/pom.xml b/extras/kinesis-asl/pom.xml
index c9965832f1475..8c0721fb48517 100644
--- a/extras/kinesis-asl/pom.xml
+++ b/extras/kinesis-asl/pom.xml
@@ -20,7 +20,7 @@
   <parent>
     <groupId>org.apache.spark</groupId>
     <artifactId>spark-parent</artifactId>
-    <version>1.2.0</version>
+    <version>1.2.1-SNAPSHOT</version>
     <relativePath>../../pom.xml</relativePath>
   </parent>
 
diff --git a/extras/spark-ganglia-lgpl/pom.xml b/extras/spark-ganglia-lgpl/pom.xml
index d27ea1d623e72..2b89959988e08 100644
--- a/extras/spark-ganglia-lgpl/pom.xml
+++ b/extras/spark-ganglia-lgpl/pom.xml
@@ -20,7 +20,7 @@
   <parent>
     <groupId>org.apache.spark</groupId>
     <artifactId>spark-parent</artifactId>
-    <version>1.2.0</version>
+    <version>1.2.1-SNAPSHOT</version>
     <relativePath>../../pom.xml</relativePath>
   </parent>
 
diff --git a/graphx/pom.xml b/graphx/pom.xml
index 8c8acbf903439..3eebb56010cce 100644
--- a/graphx/pom.xml
+++ b/graphx/pom.xml
@@ -21,7 +21,7 @@
   <parent>
     <groupId>org.apache.spark</groupId>
     <artifactId>spark-parent</artifactId>
-    <version>1.2.0</version>
+    <version>1.2.1-SNAPSHOT</version>
     <relativePath>../pom.xml</relativePath>
   </parent>
 
diff --git a/mllib/pom.xml b/mllib/pom.xml
index 391318803f344..180222ed05626 100644
--- a/mllib/pom.xml
+++ b/mllib/pom.xml
@@ -21,7 +21,7 @@
   <parent>
     <groupId>org.apache.spark</groupId>
     <artifactId>spark-parent</artifactId>
-    <version>1.2.0</version>
+    <version>1.2.1-SNAPSHOT</version>
     <relativePath>../pom.xml</relativePath>
   </parent>
 
diff --git a/network/common/pom.xml b/network/common/pom.xml
index 169cc640be49f..d7e9ca8289b07 100644
--- a/network/common/pom.xml
+++ b/network/common/pom.xml
@@ -22,7 +22,7 @@
   <parent>
     <groupId>org.apache.spark</groupId>
     <artifactId>spark-parent</artifactId>
-    <version>1.2.0</version>
+    <version>1.2.1-SNAPSHOT</version>
     <relativePath>../../pom.xml</relativePath>
   </parent>
 
diff --git a/network/shuffle/pom.xml b/network/shuffle/pom.xml
index dea25a26e4dc5..c5e727ff17370 100644
--- a/network/shuffle/pom.xml
+++ b/network/shuffle/pom.xml
@@ -22,7 +22,7 @@
   <parent>
     <groupId>org.apache.spark</groupId>
     <artifactId>spark-parent</artifactId>
-    <version>1.2.0</version>
+    <version>1.2.1-SNAPSHOT</version>
     <relativePath>../../pom.xml</relativePath>
   </parent>
 
diff --git a/network/yarn/pom.xml b/network/yarn/pom.xml
index cc8e828867877..9f4e47ae2ae53 100644
--- a/network/yarn/pom.xml
+++ b/network/yarn/pom.xml
@@ -22,7 +22,7 @@
   <parent>
     <groupId>org.apache.spark</groupId>
     <artifactId>spark-parent</artifactId>
-    <version>1.2.0</version>
+    <version>1.2.1-SNAPSHOT</version>
     <relativePath>../../pom.xml</relativePath>
   </parent>
 
diff --git a/pom.xml b/pom.xml
index 57797a4769185..41696751eac21 100644
--- a/pom.xml
+++ b/pom.xml
@@ -26,7 +26,7 @@
   </parent>
   <groupId>org.apache.spark</groupId>
   <artifactId>spark-parent</artifactId>
-  <version>1.2.0</version>
+  <version>1.2.1-SNAPSHOT</version>
   <packaging>pom</packaging>
   <name>Spark Project Parent POM</name>
   <url>http://spark.apache.org/</url>
diff --git a/repl/pom.xml b/repl/pom.xml
index 36de77a72821f..8d1a42aa234aa 100644
--- a/repl/pom.xml
+++ b/repl/pom.xml
@@ -21,7 +21,7 @@
   <parent>
     <groupId>org.apache.spark</groupId>
     <artifactId>spark-parent</artifactId>
-    <version>1.2.0</version>
+    <version>1.2.1-SNAPSHOT</version>
     <relativePath>../pom.xml</relativePath>
   </parent>
 
diff --git a/sql/catalyst/pom.xml b/sql/catalyst/pom.xml
index ac03869e7787a..8ae51032ceb8a 100644
--- a/sql/catalyst/pom.xml
+++ b/sql/catalyst/pom.xml
@@ -22,7 +22,7 @@
   <parent>
     <groupId>org.apache.spark</groupId>
     <artifactId>spark-parent</artifactId>
-    <version>1.2.0</version>
+    <version>1.2.1-SNAPSHOT</version>
     <relativePath>../../pom.xml</relativePath>
   </parent>
 
diff --git a/sql/core/pom.xml b/sql/core/pom.xml
index 4a065d34ed099..96f4cd666a8bb 100644
--- a/sql/core/pom.xml
+++ b/sql/core/pom.xml
@@ -22,7 +22,7 @@
   <parent>
     <groupId>org.apache.spark</groupId>
     <artifactId>spark-parent</artifactId>
-    <version>1.2.0</version>
+    <version>1.2.1-SNAPSHOT</version>
     <relativePath>../../pom.xml</relativePath>
   </parent>
 
diff --git a/sql/hive-thriftserver/pom.xml b/sql/hive-thriftserver/pom.xml
index 54fd6e4e6db8c..a018b68736326 100644
--- a/sql/hive-thriftserver/pom.xml
+++ b/sql/hive-thriftserver/pom.xml
@@ -22,7 +22,7 @@
   <parent>
     <groupId>org.apache.spark</groupId>
     <artifactId>spark-parent</artifactId>
-    <version>1.2.0</version>
+    <version>1.2.1-SNAPSHOT</version>
     <relativePath>../../pom.xml</relativePath>
   </parent>
 
diff --git a/sql/hive/pom.xml b/sql/hive/pom.xml
index b150ff8c5c2bf..048ed25a2d557 100644
--- a/sql/hive/pom.xml
+++ b/sql/hive/pom.xml
@@ -22,7 +22,7 @@
   <parent>
     <groupId>org.apache.spark</groupId>
     <artifactId>spark-parent</artifactId>
-    <version>1.2.0</version>
+    <version>1.2.1-SNAPSHOT</version>
     <relativePath>../../pom.xml</relativePath>
   </parent>
 
diff --git a/streaming/pom.xml b/streaming/pom.xml
index 601bd01977e78..910e7c531de03 100644
--- a/streaming/pom.xml
+++ b/streaming/pom.xml
@@ -21,7 +21,7 @@
   <parent>
     <groupId>org.apache.spark</groupId>
     <artifactId>spark-parent</artifactId>
-    <version>1.2.0</version>
+    <version>1.2.1-SNAPSHOT</version>
     <relativePath>../pom.xml</relativePath>
   </parent>
 
diff --git a/tools/pom.xml b/tools/pom.xml
index a07f888a1d0b1..9cb346078ccc8 100644
--- a/tools/pom.xml
+++ b/tools/pom.xml
@@ -20,7 +20,7 @@
   <parent>
     <groupId>org.apache.spark</groupId>
     <artifactId>spark-parent</artifactId>
-    <version>1.2.0</version>
+    <version>1.2.1-SNAPSHOT</version>
     <relativePath>../pom.xml</relativePath>
   </parent>
 
diff --git a/yarn/alpha/pom.xml b/yarn/alpha/pom.xml
index 2f7f98bac849c..ccb0e3364ebaf 100644
--- a/yarn/alpha/pom.xml
+++ b/yarn/alpha/pom.xml
@@ -20,7 +20,7 @@
   <parent>
     <groupId>org.apache.spark</groupId>
     <artifactId>yarn-parent_2.10</artifactId>
-    <version>1.2.0</version>
+    <version>1.2.1-SNAPSHOT</version>
     <relativePath>../pom.xml</relativePath>
   </parent>
   <properties>
diff --git a/yarn/pom.xml b/yarn/pom.xml
index 7ab7154545c1b..45aa959be11b7 100644
--- a/yarn/pom.xml
+++ b/yarn/pom.xml
@@ -20,7 +20,7 @@
   <parent>
     <groupId>org.apache.spark</groupId>
     <artifactId>spark-parent</artifactId>
-    <version>1.2.0</version>
+    <version>1.2.1-SNAPSHOT</version>
     <relativePath>../pom.xml</relativePath>
   </parent>
 
diff --git a/yarn/stable/pom.xml b/yarn/stable/pom.xml
index 7c5499bf6d45e..a17036865fef1 100644
--- a/yarn/stable/pom.xml
+++ b/yarn/stable/pom.xml
@@ -20,7 +20,7 @@
   <parent>
     <groupId>org.apache.spark</groupId>
     <artifactId>yarn-parent_2.10</artifactId>
-    <version>1.2.0</version>
+    <version>1.2.1-SNAPSHOT</version>
     <relativePath>../pom.xml</relativePath>
   </parent>
   <properties>