While early versions of V-Ray 2.0 required service updates to function with SketchUp 2016, subsequent releases from Chaos confirmed full compatibility for these versions.
The naming convention "V-Ray Adv 20026494" tells us a lot. "Adv" stands for Advanced, the full-featured edition (as opposed to the stripped-down "RT" or demo versions). The numeric string "20026494" is a specific maintenance build identifier from Chaos Group’s internal versioning system, released approximately in late 2015 to early 2016.