Vengo Network Continues To Grow With Placements In Key Markets, On Campuses

Posted On: 11/1/2016

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TAGS: place-based advertising, location ads, Vengo Labs, vending machine, vending machine impressions, Canteen Vending, Blackstone Launchpad, Vistar Media

Vengo vending machine, Vengo Labs LONG ISLAND CITY, NY -- Vengo Labs reports that its network has been growing steadily, with prominent accounts added in major markets. The company said that it now has operations in 16 states and on three continents, and its network is driving five million impressions per month.

Vengo is the developer of a networked "digital kiosk" that vends consumer packaged goods and displays advertisements. The company explained that, during September and October, it deployed its systems at New York University, Brooklyn (New York) Desks and City University of New York, as well as at the University of North Florida (Jacksonville), Florida International University's 4th Street Commons (Miami), Parkside Urban Apartments (Ft. Worth, TX) and Drexel University (Philadelphia).

Vengo's deployments on college campuses have gotten a big boost thanks to its partnerships with Canteen Vending, the nation's largest vending operation, and Blackstone Launchpad, a campus-oriented entrepreneurship program.

According to the company, the Vengo system allows vending operators to increase same-store sales, win new business and expand the market in which vending can take place. Vengo has been engineered to complement the traditional suite of vending equipment through its small, wall-mount form factor. In addition to the revenue brought in by product vending, Vengo continues to monetize the kiosks' screens through programmatic integration with Vistar Media, and by directly attracting large CPG sponsors.