diff --git a/build.gradle b/build.gradle
index c574dfc9..f638772a 100644
--- a/build.gradle
+++ b/build.gradle
@@ -9,8 +9,8 @@ subprojects {
     apply plugin: 'nebula.netflixoss'
     apply plugin: 'java'
 
-    sourceCompatibility = 1.7
-    targetCompatibility = 1.7
+    sourceCompatibility = 1.8
+    targetCompatibility = 1.8
 
     group = "com.netflix.${githubProjectName}" // TEMPLATE: Set to organization of project
 
diff --git a/gradle.properties b/gradle.properties
index ada15d30..3f6ec578 100644
--- a/gradle.properties
+++ b/gradle.properties
@@ -1,10 +1,10 @@
 rx_java_version=1.0.9
 rx_netty_version=0.4.9
-servo_version=0.10.1
-hystrix_version=1.4.3
-guava_version=14.0.1
-archaius_version=0.7.4
-eureka_version=1.4.6
+servo_version=0.12.17
+hystrix_version=1.5.11
+guava_version=19.0
+archaius_version=0.7.5
+eureka_version=1.8.4
 jersey_version=1.19.1
 
 junit_version=4.12