diff --git a/sdk/storage/azure-storage-blob/CHANGELOG.md b/sdk/storage/azure-storage-blob/CHANGELOG.md
index d3ef585b2179..51b5ba55f6df 100644
--- a/sdk/storage/azure-storage-blob/CHANGELOG.md
+++ b/sdk/storage/azure-storage-blob/CHANGELOG.md
@@ -1,5 +1,8 @@
 # Release History
 
+## 12.7.0b2 (Unreleased)
+
+
 ## 12.7.0b1 (2020-12-07)
 **New features**
 - Added `upload_blob_from_url` api on `BlobClient`
diff --git a/sdk/storage/azure-storage-blob/azure/storage/blob/_version.py b/sdk/storage/azure-storage-blob/azure/storage/blob/_version.py
index 09c905edc6d3..06bcaa66565a 100644
--- a/sdk/storage/azure-storage-blob/azure/storage/blob/_version.py
+++ b/sdk/storage/azure-storage-blob/azure/storage/blob/_version.py
@@ -4,4 +4,4 @@
 # license information.
 # --------------------------------------------------------------------------
 
-VERSION = "12.7.0b1"
+VERSION = "12.7.0b2"
diff --git a/sdk/storage/azure-storage-file-share/CHANGELOG.md b/sdk/storage/azure-storage-file-share/CHANGELOG.md
index fd4d18aabf5d..ea9281839ef1 100644
--- a/sdk/storage/azure-storage-file-share/CHANGELOG.md
+++ b/sdk/storage/azure-storage-file-share/CHANGELOG.md
@@ -1,5 +1,8 @@
 # Release History
 
+## 12.4.0b2 (Unreleased)
+
+
 ## 12.4.0b1 (2020-12-07)
 **New features**
 - Added support for enabling root squash and share protocols for file share.
diff --git a/sdk/storage/azure-storage-file-share/azure/storage/fileshare/_version.py b/sdk/storage/azure-storage-file-share/azure/storage/fileshare/_version.py
index 85a0126d5fa7..935ac704d858 100644
--- a/sdk/storage/azure-storage-file-share/azure/storage/fileshare/_version.py
+++ b/sdk/storage/azure-storage-file-share/azure/storage/fileshare/_version.py
@@ -4,4 +4,4 @@
 # license information.
 # --------------------------------------------------------------------------
 
-VERSION = "12.4.0b1"
+VERSION = "12.4.0b2"