diff --git a/incubator/memcached/values.yaml b/incubator/memcached/values.yaml
index aa9b9e39d..11b656bcc 100644
--- a/incubator/memcached/values.yaml
+++ b/incubator/memcached/values.yaml
@@ -1,7 +1,7 @@
 ## Bitnami Memcached image version
 ## ref: https://hub.docker.com/r/bitnami/memcached/tags/
 ##
-image: bitnami/memcached:1.4.34-r1
+image: bitnami/memcached:1.4.35-r0
 
 ## Specify a imagePullPolicy
 ## ref: http://kubernetes.io/docs/user-guide/images/#pre-pulling-images