diff --git a/CHANGELOG.md b/CHANGELOG.md
index 5aac264c..485997a4 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,5 +1,12 @@
 # Changelog
 
+### [2.3.5](https://github.com/googleapis/java-functions/compare/v2.3.4...v2.3.5) (2022-03-02)
+
+
+### Dependencies
+
+* update dependency com.google.cloud:google-cloud-shared-dependencies to v2.8.0 ([#394](https://github.com/googleapis/java-functions/issues/394)) ([e9fdad3](https://github.com/googleapis/java-functions/commit/e9fdad3d710b97fcde6518782af9f17cbb54d33f))
+
 ### [2.3.4](https://github.com/googleapis/java-functions/compare/v2.3.3...v2.3.4) (2022-02-28)
 
 
diff --git a/README.md b/README.md
index 70c3f272..f08e999a 100644
--- a/README.md
+++ b/README.md
@@ -19,20 +19,20 @@ If you are using Maven, add this to your pom.xml file:
 <dependency>
   <groupId>com.google.cloud</groupId>
   <artifactId>google-cloud-functions</artifactId>
-  <version>2.3.3</version>
+  <version>2.3.4</version>
 </dependency>
 ```
 
 If you are using Gradle without BOM, add this to your dependencies
 
 ```Groovy
-implementation 'com.google.cloud:google-cloud-functions:2.3.3'
+implementation 'com.google.cloud:google-cloud-functions:2.3.4'
 ```
 
 If you are using SBT, add this to your dependencies
 
 ```Scala
-libraryDependencies += "com.google.cloud" % "google-cloud-functions" % "2.3.3"
+libraryDependencies += "com.google.cloud" % "google-cloud-functions" % "2.3.4"
 ```
 
 ## Authentication
diff --git a/google-cloud-functions-bom/pom.xml b/google-cloud-functions-bom/pom.xml
index 8f1c5c47..75f3cabb 100644
--- a/google-cloud-functions-bom/pom.xml
+++ b/google-cloud-functions-bom/pom.xml
@@ -3,7 +3,7 @@
   <modelVersion>4.0.0</modelVersion>
   <groupId>com.google.cloud</groupId>
   <artifactId>google-cloud-functions-bom</artifactId>
-  <version>2.3.4</version><!-- {x-version-update:google-cloud-functions:current} -->
+  <version>2.3.5</version><!-- {x-version-update:google-cloud-functions:current} -->
   <packaging>pom</packaging>
   <parent>
     <groupId>com.google.cloud</groupId>
@@ -56,17 +56,17 @@
       <dependency>
         <groupId>com.google.cloud</groupId>
         <artifactId>google-cloud-functions</artifactId>
-        <version>2.3.4</version><!-- {x-version-update:google-cloud-functions:current} -->
+        <version>2.3.5</version><!-- {x-version-update:google-cloud-functions:current} -->
       </dependency>
       <dependency>
         <groupId>com.google.api.grpc</groupId>
         <artifactId>grpc-google-cloud-functions-v1</artifactId>
-        <version>2.3.4</version><!-- {x-version-update:grpc-google-cloud-functions-v1:current} -->
+        <version>2.3.5</version><!-- {x-version-update:grpc-google-cloud-functions-v1:current} -->
       </dependency>
       <dependency>
         <groupId>com.google.api.grpc</groupId>
         <artifactId>proto-google-cloud-functions-v1</artifactId>
-        <version>2.3.4</version><!-- {x-version-update:proto-google-cloud-functions-v1:current} -->
+        <version>2.3.5</version><!-- {x-version-update:proto-google-cloud-functions-v1:current} -->
       </dependency>
     </dependencies>
   </dependencyManagement>
diff --git a/google-cloud-functions/pom.xml b/google-cloud-functions/pom.xml
index 90a3b95b..8496472c 100644
--- a/google-cloud-functions/pom.xml
+++ b/google-cloud-functions/pom.xml
@@ -3,7 +3,7 @@
   <modelVersion>4.0.0</modelVersion>
   <groupId>com.google.cloud</groupId>
   <artifactId>google-cloud-functions</artifactId>
-  <version>2.3.4</version><!-- {x-version-update:google-cloud-functions:current} -->
+  <version>2.3.5</version><!-- {x-version-update:google-cloud-functions:current} -->
   <packaging>jar</packaging>
   <name>Google Cloud Functions</name>
   <url>https://github.com/googleapis/java-functions</url>
@@ -11,7 +11,7 @@
   <parent>
     <groupId>com.google.cloud</groupId>
     <artifactId>google-cloud-functions-parent</artifactId>
-    <version>2.3.4</version><!-- {x-version-update:google-cloud-functions:current} -->
+    <version>2.3.5</version><!-- {x-version-update:google-cloud-functions:current} -->
   </parent>
   <properties>
     <site.installationModule>google-cloud-functions</site.installationModule>
diff --git a/grpc-google-cloud-functions-v1/pom.xml b/grpc-google-cloud-functions-v1/pom.xml
index 30503ef4..32cde585 100644
--- a/grpc-google-cloud-functions-v1/pom.xml
+++ b/grpc-google-cloud-functions-v1/pom.xml
@@ -4,13 +4,13 @@
   <modelVersion>4.0.0</modelVersion>
   <groupId>com.google.api.grpc</groupId>
   <artifactId>grpc-google-cloud-functions-v1</artifactId>
-  <version>2.3.4</version><!-- {x-version-update:grpc-google-cloud-functions-v1:current} -->
+  <version>2.3.5</version><!-- {x-version-update:grpc-google-cloud-functions-v1:current} -->
   <name>grpc-google-cloud-functions-v1</name>
   <description>GRPC library for grpc-google-cloud-functions-v1</description>
   <parent>
     <groupId>com.google.cloud</groupId>
     <artifactId>google-cloud-functions-parent</artifactId>
-    <version>2.3.4</version><!-- {x-version-update:google-cloud-functions:current} -->
+    <version>2.3.5</version><!-- {x-version-update:google-cloud-functions:current} -->
   </parent>
   <dependencies>
     <dependency>
diff --git a/pom.xml b/pom.xml
index 0db60f0f..bc5f9b86 100644
--- a/pom.xml
+++ b/pom.xml
@@ -4,7 +4,7 @@
   <groupId>com.google.cloud</groupId>
   <artifactId>google-cloud-functions-parent</artifactId>
   <packaging>pom</packaging>
-  <version>2.3.4</version><!-- {x-version-update:google-cloud-functions:current} -->
+  <version>2.3.5</version><!-- {x-version-update:google-cloud-functions:current} -->
   <name>Google Cloud Functions Parent</name>
   <url>https://github.com/googleapis/java-functions</url>
   <description>
@@ -61,23 +61,23 @@
       <dependency>
         <groupId>com.google.cloud</groupId>
         <artifactId>google-cloud-functions</artifactId>
-        <version>2.3.4</version><!-- {x-version-update:google-cloud-functions:current} -->
+        <version>2.3.5</version><!-- {x-version-update:google-cloud-functions:current} -->
       </dependency>
       <dependency>
         <groupId>com.google.api.grpc</groupId>
         <artifactId>proto-google-cloud-functions-v1</artifactId>
-        <version>2.3.4</version><!-- {x-version-update:proto-google-cloud-functions-v1:current} -->
+        <version>2.3.5</version><!-- {x-version-update:proto-google-cloud-functions-v1:current} -->
       </dependency>
       <dependency>
         <groupId>com.google.api.grpc</groupId>
         <artifactId>grpc-google-cloud-functions-v1</artifactId>
-        <version>2.3.4</version><!-- {x-version-update:grpc-google-cloud-functions-v1:current} -->
+        <version>2.3.5</version><!-- {x-version-update:grpc-google-cloud-functions-v1:current} -->
       </dependency>
 
       <dependency>
         <groupId>com.google.cloud</groupId>
         <artifactId>google-cloud-shared-dependencies</artifactId>
-        <version>2.7.0</version>
+        <version>2.8.0</version>
         <type>pom</type>
         <scope>import</scope>
       </dependency>
diff --git a/proto-google-cloud-functions-v1/pom.xml b/proto-google-cloud-functions-v1/pom.xml
index 5cafb2e8..3632c960 100644
--- a/proto-google-cloud-functions-v1/pom.xml
+++ b/proto-google-cloud-functions-v1/pom.xml
@@ -4,13 +4,13 @@
   <modelVersion>4.0.0</modelVersion>
   <groupId>com.google.api.grpc</groupId>
   <artifactId>proto-google-cloud-functions-v1</artifactId>
-  <version>2.3.4</version><!-- {x-version-update:proto-google-cloud-functions-v1:current} -->
+  <version>2.3.5</version><!-- {x-version-update:proto-google-cloud-functions-v1:current} -->
   <name>proto-google-cloud-functions-v1</name>
   <description>PROTO library for proto-google-cloud-functions-v1</description>
   <parent>
     <groupId>com.google.cloud</groupId>
     <artifactId>google-cloud-functions-parent</artifactId>
-    <version>2.3.4</version><!-- {x-version-update:google-cloud-functions:current} -->
+    <version>2.3.5</version><!-- {x-version-update:google-cloud-functions:current} -->
   </parent>
   <dependencies>
     <dependency>
diff --git a/samples/install-without-bom/pom.xml b/samples/install-without-bom/pom.xml
index b58bc6e9..a954ce3c 100644
--- a/samples/install-without-bom/pom.xml
+++ b/samples/install-without-bom/pom.xml
@@ -29,7 +29,7 @@
     <dependency>
       <groupId>com.google.cloud</groupId>
       <artifactId>google-cloud-functions</artifactId>
-      <version>2.3.3</version>
+      <version>2.3.4</version>
     </dependency>
     <!-- [END functions_install_without_bom] -->
 
diff --git a/samples/snapshot/pom.xml b/samples/snapshot/pom.xml
index f7ffad11..9b2255f3 100644
--- a/samples/snapshot/pom.xml
+++ b/samples/snapshot/pom.xml
@@ -28,7 +28,7 @@
     <dependency>
       <groupId>com.google.cloud</groupId>
       <artifactId>google-cloud-functions</artifactId>
-      <version>2.3.3</version>
+      <version>2.3.4</version>
     </dependency>
   <!-- {x-version-update-end} -->
 
diff --git a/samples/snippets/pom.xml b/samples/snippets/pom.xml
index dc5cf058..3412e731 100644
--- a/samples/snippets/pom.xml
+++ b/samples/snippets/pom.xml
@@ -28,7 +28,7 @@
     <dependency>
       <groupId>com.google.cloud</groupId>
       <artifactId>google-cloud-functions</artifactId>
-      <version>2.3.3</version>
+      <version>2.3.4</version>
     </dependency>
 
     <dependency>
diff --git a/versions.txt b/versions.txt
index 5488c8dc..bb96cc28 100644
--- a/versions.txt
+++ b/versions.txt
@@ -1,6 +1,6 @@
 # Format:
 # module:released-version:current-version
 
-google-cloud-functions:2.3.4:2.3.4
-grpc-google-cloud-functions-v1:2.3.4:2.3.4
-proto-google-cloud-functions-v1:2.3.4:2.3.4
+google-cloud-functions:2.3.5:2.3.5
+grpc-google-cloud-functions-v1:2.3.5:2.3.5
+proto-google-cloud-functions-v1:2.3.5:2.3.5