We review the state-of the art of long-wavelength VCSELs. Furthermore, the short-cavity concept which has already been successfully implemented in 1.55 m devices is extended to 1.3 m devices resulting in excellent static and dynamic device properties. In particular, high output powers of 1.8 mW at an ambient temperature of 80°C, high differential quantum efficiencies up to 56% and wall-plug efficiencies up to 36% at roomtemperature are reported. Small-signal modulation bandwidths in excess of 15 GHz are presented. The largesignal modulation at a bit-rate of 25 Gbps is investigated.