diff --git a/synapse/__init__.py b/synapse/__init__.py
index d72d88b47dee63888dcb4fad42a5d39abd063a34..71b409ba8b50c6fdc5aa4bbcaf9f240b42d7c1f9 100644
--- a/synapse/__init__.py
+++ b/synapse/__init__.py
@@ -16,4 +16,4 @@
 """ This is a reference implementation of a Matrix home server.
 """
 
-__version__ = "0.27.0-rc1"
+__version__ = "0.27.0-rc2"