Fal, a startup that hosts image, video, and audio AI models for developers, has announced that it raised $140 million Series D led by Sequoia, with participation from Kleiner Perkins, Andreessen Horowitz and other investors.

The round, which was Fal’s third fundraise this year, valued the company at $4.5 billion, about three times what the company was worth when it raised its $125 million Series C in July Bloomberg reported .

TechCrunch reported in October that Fal raised a new round from investors including Sequoia and Kleiner Perkins at a valuation of over $4 billion. We also reported at the time that the raise was around $250 million, according to our sources. This higher amount reflects the $140 million capital raised from the company and a secondary sale where existing investor

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