diff --git a/raven/contrib/django/models.py b/raven/contrib/django/models.py
index 88da47316..ecad99cce 100644
--- a/raven/contrib/django/models.py
+++ b/raven/contrib/django/models.py
@@ -204,7 +204,8 @@ def register_serializers():
     # force import so serializers can call register
     import raven.contrib.django.serializers  # NOQA
 
-if 'raven.contrib.django' in django_settings.INSTALLED_APPS:
+if ('raven.contrib.django' in django_settings.INSTALLED_APPS
+      or 'raven.contrib.django_compat' in django_settings.INSTALLED_APPS):
     # If we've explicitly enabled signals, or we're not running DEBUG, register handlers
     if getattr(django_settings, 'RAVEN_CONFIG', {}).get('register_signals', not django_settings.DEBUG):
         register_handlers()
diff --git a/setup.py b/setup.py
index d86136b30..3028ec8f0 100755
--- a/setup.py
+++ b/setup.py
@@ -30,7 +30,7 @@
 
 setup(
     name='raven',
-    version='2.0.12.2',
+    version='2.0.12.3',
     author='David Cramer',
     author_email='dcramer@gmail.com',
     url='http://github.com/getsentry/raven-python',