diff --git a/pkgs/shells/ipython/default.nix b/pkgs/shells/ipython/default.nix
index 990eb174baf..b101e25f574 100644
--- a/pkgs/shells/ipython/default.nix
+++ b/pkgs/shells/ipython/default.nix
@@ -13,12 +13,12 @@ assert qtconsoleSupport == true -> pyqt4 != null;
 assert pylabQtSupport == true -> pyqt4 != null && sip != null;
 
 buildPythonPackage rec {
-  name = "ipython-2.2.0";
+  name = "ipython-2.3.1";
   namePrefix = "";
 
   src = fetchurl {
     url = "http://pypi.python.org/packages/source/i/ipython/${name}.tar.gz";
-    sha256 = "1qk44lmir24gnwb3gxh0mqcghc8ln1i5ygxpalh06bx0ajx7gjmp";
+    sha256 = "1764gi5m3ff481rjk336cw6i2h4zlc0nxam9rc5m8m7yl9m4d61y";
   };
 
   propagatedBuildInputs = [