diff --git a/Rakefile b/Rakefile
index a735df02b16c8..7d2c42ba2fd68 100644
--- a/Rakefile
+++ b/Rakefile
@@ -47,7 +47,7 @@ def release_version
 end
 
 def version
-  "#{release_version}.0-alpha-2"
+  "#{release_version}.0-alpha-3"
 end
 
 # The build system used by webdriver is layered on top of rake, and we call it
diff --git a/java/version.bzl b/java/version.bzl
index fb91ae8027f5e..035386e450272 100644
--- a/java/version.bzl
+++ b/java/version.bzl
@@ -1 +1 @@
-SE_VERSION = "4.0.0-alpha-2"
+SE_VERSION = "4.0.0-alpha-3"