diff --git a/CHANGELOG.md b/CHANGELOG.md
index ae5e2607a05..9a5936a0bb8 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -4,6 +4,16 @@
 
 ## [Unreleased (beta)]
 
+## [0.14.0.beta2] - 2018-07-25
+
+Release notes: https://github.com/DataDog/dd-trace-rb/releases/tag/v0.14.0.beta2
+
+Git diff: https://github.com/DataDog/dd-trace-rb/compare/v0.14.0.beta1...v0.14.0.beta2
+
+### Fixed
+
+- Rake shutdown tracer after execution (#487) @kissrobber
+
 ## [0.14.0.beta1] - 2018-07-24
 
 Release notes: https://github.com/DataDog/dd-trace-rb/releases/tag/v0.14.0.beta1
diff --git a/lib/ddtrace/version.rb b/lib/ddtrace/version.rb
index da7db2f80f1..9e0ba9ef151 100644
--- a/lib/ddtrace/version.rb
+++ b/lib/ddtrace/version.rb
@@ -3,7 +3,7 @@ module VERSION
     MAJOR = 0
     MINOR = 14
     PATCH = 0
-    PRE = 'beta1'.freeze
+    PRE = 'beta2'.freeze
 
     STRING = [MAJOR, MINOR, PATCH, PRE].compact.join('.')
   end