diff --git a/CHANGELOG.md b/CHANGELOG.md
index b0491d1..e266b13 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,5 +1,18 @@
 # Changelog
 
+## v0.8.1
+
+* New features
+  * `RingLogger.next/1` now outputs a summary line that says how many log
+    messages were recented and how many were filtered. This makes it easier to
+    identify when the ring buffer is being overtaken by filtered log entries
+
+* Improvements
+  * Several internal refactorings were made to reduce memory usage and
+    the number of reductions run in the `RingLogger.Server` GenServer. This
+    makes a noticeable improvement when monitoring resource usage on a device.
+  * Improved tests to verify more edge conditions
+
 ## v0.8.0
 
 * New features
diff --git a/mix.exs b/mix.exs
index 1e04b66..accde85 100644
--- a/mix.exs
+++ b/mix.exs
@@ -1,7 +1,7 @@
 defmodule RingLogger.MixProject do
   use Mix.Project
 
-  @version "0.8.0"
+  @version "0.8.1"
   @source_url "https://github.com/nerves-project/ring_logger"
 
   def project do