Beanstalk is a version control and deployment platform tailored for software development teams. Its key features include Git and Subversion hosting, code review tools, and deployment automation. Teams can collaborate on code, track changes, and ensure code quality through peer reviews. With Beanstalk's deployment automation, teams can streamline the release process and deploy code to production environments with confidence. Overall, Beanstalk simplifies version control and deployment workflows, enhancing team productivity and code quality.